Fifth Third Bank To Be Authorized As City Depository

Troy’s Auditor proposes designating Fifth Third Bank, National Association as an authorized depository for the City’s active, inactive, and interim public funds for the upcoming five‑year period. Council is being asked to approve this authority on an emergency basis.

Document date · July 26, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Five-year depository period beginning August 23, 2026

Renewal

Designation would cover the City’s five‑year depository cycle following expiration of existing agreements on August 22, 2026.

Document type

AgendaPacket

Source document

Troy City Council Committee Meeting Agenda Packet 2026-07-27

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Troy?

Fifth Third Bank National Association was awarded this financial services contract by City of Troy, as recorded on July 26, 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 Troy City Council Committee Meeting Agenda Packet 2026-07-27 (AgendaPacket), dated July 26, 2026 from City of Troy. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Fifth Third Bank National Association hold?

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

View Fifth Third Bank National Association's profile

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