CONTRACTONGOING

VCU Maintains US Bank Investment Custody Services

Disclosed value: $373.7M operating funds; From minutes
Document date: Sep 10, 2026

What it covers

VCU continues to use US Bank as an investment custodian for operating funds. The treasury presentation reported approximately $373.7 million held with US Bank as of June 30, 2026.

Who holds it

Us Bank holds this financial services contract with Virginia Commonwealth University. Its other public contracts on record include work for Orcas Island Health Care District and West Mifflin Borough Sanitary Sewer Municipal Auth Pension Plan.

What happens next

Term as filed: Ongoing custodial banking relationship; figures as of June 30, 2026.

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Contract details

Contract type: Financial Services
Amount: $373.7M operating funds
Document date: September 10, 2026
Term: Ongoing custodial banking relationship; figures as of June 30, 2026
Vendor: Us Bank
Agency: Virginia Commonwealth University
Source document: Virginia Commonwealth University Minutes Finance and University Resources Committee Meeting 2026-09-10 (Minutes)

Us Bank's other public contracts

Orcas Island Health Care District, WashingtonHospital District Budgets US Bank Banking Fees · Nov 5, 2026$200 West Mifflin Borough Sanitary Sewer Municipal Auth Pension Plan, PennsylvaniaAuthority Considers $31,762 Bond Drawdown Through US Bank · Nov 5, 2026$31.8K Mille Lacs County, MinnesotaCounty Pays US Bank for Department Purchases · Nov 3, 2026$2.6K Dixon Public Improvement Corporation, CaliforniaDixon Approves U.S. Bank Fiscal Agent Fees · Nov 3, 2026$2.8K Heritage Harbour South Community Development District, FloridaUS Bank Receives Trustee Fee Payment From District · Nov 3, 2026$3.9K All Us Bank contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Virginia Commonwealth University?

Us Bank was awarded this financial services contract by Virginia Commonwealth University, as recorded on September 10, 2026. The contract value is $373.7M operating funds.

How much is the Us Bank contract with Virginia Commonwealth University worth?

The Us Bank contract with Virginia Commonwealth University is valued at $373.7M operating funds, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Virginia Commonwealth University Minutes Finance and University Resources Committee Meeting 2026-09-10 (Minutes), dated September 10, 2026 from Virginia Commonwealth University. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Us Bank hold?

Us 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 Virginia Commonwealth University currently buying?

Explore Virginia Commonwealth University's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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