Metro Regional Transit Authority (Akron) Awards Financial Services Contract to Huntington Bank (August 2026)

METRO Regional Transit Authority authorized the establishment of an Insured Cash Sweep account with Huntington Bank. The arrangement will distribute deposits among participating financial institutions to expand FDIC coverage while maintaining liquidity and a single banking relationship.

Document date · August 25, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

The resolution authorizes METRO to establish and maintain the ICS account; no expiration date, renewal clause, or fixed term was stated.

Document type

AgendaPacket

Source document

METRO Regional Transit Authority AgendaPacket Board Meeting 2026-08-25

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Metro Regional Transit Authority (Akron)?

Huntington Bank was awarded this financial services contract by Metro Regional Transit Authority (Akron), as recorded on August 25, 2026.

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 METRO Regional Transit Authority AgendaPacket Board Meeting 2026-08-25 (AgendaPacket), dated August 25, 2026 from Metro Regional Transit Authority (Akron). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Huntington Bank hold?

Huntington 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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