Authority Utilizes Valley National Bank For Sewer Revenues

The North Bergen Municipal Utilities Authority authorized a wire transfer from its Valley National Bank Sewer Revenue account as required under the 2013 Sewer Revenue Refunding Bonds structure. Valley National Bank continues to serve as the depository institution for the Authority’s sewer revenue funds.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Ongoing banking relationship for sewer revenue accounts; the resolution references use of the account for bond-related transfers but does not specify term or renewal conditions.

Document type

Resolution

Source document

North Bergen Municipal Utilities Authority Resolution Packet 2026-08-12

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by North Bergen MUA?

Valley National Bank was awarded this financial services contract by North Bergen MUA, as recorded on August 12, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in North Bergen Municipal Utilities Authority Resolution Packet 2026-08-12 (Resolution), dated August 12, 2026 from North Bergen MUA. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Valley National Bank hold?

Valley National 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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