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Authority Authorizes Transfers Through Industrial Bank

Newark Parking Authority logoNewark Parking Authority
Document date
May 28, 2026
Renews
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The 30-second brief

What it covers

The Newark Parking Authority authorized ongoing fund transfers tied to its Operating Fund at Industrial Bank. The transfers may move up to 10% of monthly net profits during fiscal year 2026.

Who holds it

Industrial Bank holds this financial services contract with Newark Parking Authority. Its other public contracts on record include work for City of Seat Pleasant.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Newark Parking Authority contract.

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Contract details

Contract type
Financial Services
Document date
May 28, 2026
Term
During the fiscal year ending December 31, 2026
Renews
Free account
Vendor
Industrial Bank
Agency
Newark Parking Authority
Source document
Newark Parking Authority AgendaPacket Board Meeting 2026-05-28 (AgendaPacket)

Industrial Bank's other public contracts

City of Seat Pleasant, MarylandSeat Pleasant Reports $6.47 Million at Industrial Bank · Oct 1, 2026City of Seat Pleasant, MarylandSeat Pleasant Expands Industrial Bank Credit-Card Limits · Sep 22, 2026City of Seat Pleasant, MarylandSeat Pleasant Reports Municipal Funds Held at Industrial Bank · Sep 1, 2026UndisclosedCity of Seat Pleasant, MarylandSeat Pleasant Reviews Industrial Bank Credit Card Arrangement · Aug 17, 2026City of Seat Pleasant, MarylandIndustrial Bank Holds City Fund Balances · Aug 1, 2026$5.8MAll Industrial Bank contractsVendor profile

More Newark Parking Authority contracts

Fourleaf Credit UnionCapital Fund Established with FourLeaf Credit Union · May 28, 2026UndisclosedMeehan ValuationMeehan Valuation Wins Appraisal Contract · May 28, 2026UndisclosedMeehan ValuationNewark Authority Awards Garage Appraisal Contract · Apr 23, 2026Siebert Williams Shank & Company LLCMunicipal Underwriting Contract Awarded to Siebert Williams Shank · Apr 2, 2026Level G AssociatesParking Study Contract Awarded to Level G Associates · Apr 2, 2026All Newark Parking Authority activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Newark Parking Authority?

Industrial Bank was awarded this financial services contract by Newark Parking Authority, as recorded on May 28, 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 Newark Parking Authority AgendaPacket Board Meeting 2026-05-28 (AgendaPacket), dated May 28, 2026 from Newark Parking Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Industrial Bank hold?

Industrial 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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What is Newark Parking Authority currently buying?

Explore Newark Parking Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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