Stark County Commissioners Board of Commissioners Minutes 2026-05-13
First Commonwealth Approved for $700M Public Deposits
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Description
Stark County Commissioners designated First Commonwealth Bank as a public depository, allowing up to $700,000,000.00 in deposits from June 1, 2026 through May 31, 2030. The approval expands banking options for county investment and cash management.
Contract Details
Contract Amount
Up to $700,000,000.00
Vendor
FIRST COMMONWEALTH BANK
Agency
Stark County, OH
Contract Type
FINANCIAL_SERVICES
Document Date
May 13, 2026
Contract Term
June 1, 2026 – May 31, 2030
Renewal Date
2030-05-31
Renewal Info
Public depository status continues through May 31, 2030 and must be renewed or rebid afterward.
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