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Ferndale moves banking services to Huntington Bank citing lower fees
Ferndale City Council · April 28, 2026
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Summary
Staff recommended awarding the city's banking services contract to Huntington Bank after an RFP; finance staff estimated annual banking fees would drop from about $72,000 to roughly $25,000 and said Huntington will waive some fees during implementation; council approved the award by roll call.
City finance staff presented the results of a request for proposals for municipal banking services and recommended awarding the contract to Huntington Bank NA.
Staff said the city had five respondents to the RFP and chose Huntington based on government banking experience,…
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