Solon City Schools Awards Financial Services Contract to Wells Fargo Bank (May 2026)
- Disclosed value
- Up to $100,000,000 (interim deposits)
- From resolution
- Approved
- May 11, 2026
- Term
- July 1, 2026 through June 30, 2031
- Renews
- Free account
The 30-second brief
The Solon City School District Board of Education designated Wells Fargo Bank as a public depository of interim moneys, authorizing deposits up to $100 million for the five-year period beginning July 1, 2026. Deposits are subject to Ohio Revised Code Chapter 135, the District’s investment policy, and required collateral and memorandum agreements.
Wells Fargo Bank holds this financial services contract with Solon City Schools. Its other public contracts on record include work for City of Palmdale and Lancaster County.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $100,000,000 (interim deposits)
- Document date
- May 11, 2026
- Term
- July 1, 2026 through June 30, 2031
- Renews
- On record
- Vendor
- Wells Fargo Bank
- Agency
- Solon City Schools
- Source document
- Solon City School District Resolution A RESOLUTION DESIGNATING DEPOSITORIES OF PUBLIC MONEYS OF THE SCHOOL DISTRICT 2026-05-11 (Resolution)
Wells Fargo Bank's other public contracts
More Solon City Schools contracts
Questions about this contract
Who was awarded the financial services contract by Solon City Schools?
Wells Fargo Bank was awarded this financial services contract by Solon City Schools, as recorded on May 11, 2026. The contract value is Up to $100,000,000 (interim deposits).
How much is the Wells Fargo Bank contract with Solon City Schools worth?
The Wells Fargo Bank contract with Solon City Schools is valued at Up to $100,000,000 (interim deposits), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Solon City School District Resolution A RESOLUTION DESIGNATING DEPOSITORIES OF PUBLIC MONEYS OF THE SCHOOL DISTRICT 2026-05-11 (Resolution), dated May 11, 2026 from Solon City Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Wells Fargo Bank hold?
Wells Fargo 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.
What is Solon City Schools currently buying?
Explore Solon City Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.