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National City Bank Line of Credit Backs Fuel Hedges

Greater Cleveland Regional Transit Authority logoGreater Cleveland Regional Transit Authority
Document date
Jun 15, 2021

The 30-second brief

What it covers

Greater Cleveland RTA funds fuel hedging contract purchases through a line of credit with National City Bank. The credit facility supports swaps and derivatives used to manage diesel fuel price risk under the authority’s hedging program.

Who holds it

National City Bank holds this financial services contract with Greater Cleveland Regional Transit Authority. Its other public contracts on record include work for Augusta village and Lakeshore School District (Berrien).

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Contract details

Contract type
Financial Services
Document date
June 15, 2021
Vendor
National City Bank
Agency
Greater Cleveland Regional Transit Authority
Source document
Greater Cleveland Regional Transit Authority AgendaPacket 2021-06-15 (AgendaPacket)

National City Bank's other public contracts

Augusta village, MichiganVillage Establishes Line of Credit With National City Bank · Mar 2, 2026UndisclosedLakeshore School District (Berrien), MichiganNational City Bank Authorized for Investments · Jan 12, 2026UndisclosedTown of LeBoeuf, PennsylvaniaNational City Bank Named as Township Lender Option · Jan 5, 2026UndisclosedWOODFORD COUNTY LIBRARY DISTRICT, KentuckyLibrary Reviews CD With National City Bank · Jun 16, 2025UndisclosedLake Shore Public Schools (Macomb), MichiganNational City Bank Authorized for School Investments · Jan 13, 2025UndisclosedAll National City Bank contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Greater Cleveland Regional Transit Authority?

National City Bank was awarded this financial services contract by Greater Cleveland Regional Transit Authority, as recorded on June 15, 2021.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Greater Cleveland Regional Transit Authority AgendaPacket 2021-06-15 (AgendaPacket), dated June 15, 2021 from Greater Cleveland Regional Transit Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does National City Bank hold?

National City Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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