FINANCIAL_SERVICESAPPROVED

Wayne Local Schools Awards Financial Services Contract to Lcnb National Bank (August 2026)

Wayne Local Schools approved a public depository agreement with LCNB National Bank. The five-year agreement runs from August 22, 2026 through August 22, 2031 and authorizes up to $12 million in district deposits across active, interim, and inactive funds.

Document date · August 22, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$8,000,000.00 active funds maximum; $2,000,000.00 interim deposits maximum; $2,000,000.00 inactive deposits maximum; total awarded $12,000,000.00
Contract type
FINANCIAL_SERVICES
Contract term
August 22, 2026 to August 22, 2031
Renewal date
2031-08-22
Renewal
If a deposit is renewed, it carries the prevailing interest rate at the time of renewal. The agreement may be limited early if changes in law make it unlawful, at the bank's option.
Document type
Agreement
Source document
Wayne Local Schools Agreement Memorandum of Agreement for Deposit of Public Funds 2026-08-22

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Wayne Local Schools?

Lcnb National Bank was awarded this financial services contract by Wayne Local Schools, as recorded on August 22, 2026. The contract value is $8,000,000.00 active funds maximum; $2,000,000.00 interim deposits maximum; $2,000,000.00 inactive deposits maximum; total awarded $12,000,000.00.

How much is the Lcnb National Bank contract with Wayne Local Schools worth?

The Lcnb National Bank contract with Wayne Local Schools is valued at $8,000,000.00 active funds maximum; $2,000,000.00 interim deposits maximum; $2,000,000.00 inactive deposits maximum; total awarded $12,000,000.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agreement record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Wayne Local Schools Agreement Memorandum of Agreement for Deposit of Public Funds 2026-08-22 (Agreement), dated August 22, 2026 from Wayne Local Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lcnb National Bank hold?

Lcnb 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.

View Lcnb National Bank's profile

What is Wayne Local Schools currently buying?

Explore Wayne Local Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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