Treasurer Ken O'Brien recommended the board approve depository agreements with Buckeye State Bank, Fifth Third Bank, First Commonwealth Bank, Huntington Bank, JPMorgan Chase Bank, KeyBank and PNC Bank, saying most banks adjusted contract language to comply with state statute after lengthy negotiations.
O'Brien singled out assistant prosecutor Chris Betts for help resolving legal language and thanked county staff who worked on the agreements. “I really want to give kudos to Chris Betts who worked tirelessly on this,” he said. O'Brien recommended approval, and the board voted to adopt Resolution 25-999.
What it covers: The resolution approves depository agreements for the four-year period beginning Dec. 1, 2025, and ending Nov. 30, 2029, for active county monies, as identified in a cited prior resolution. The treasurer said one bank’s agreement required more negotiation; after revisions, the banks came into compliance.
Next steps: The agreements will govern county deposits for the stated four-year period; county staff will complete any required paperwork to finalize the arrangements.