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Iron County Approves U.S. Bank as Provider for Purchase Card Program
Summary
The Finance Committee approved Resolution 2026-4067 to enroll in the State of Wisconsin NASPO‑sponsored U.S. Bank commercial card program, citing rebates (135 basis points volume incentive, up to 45 basis points prompt-payment incentive), real-time transaction tools, and no annual fees. Motion by Youngs, seconded by Erickson; all yes, carried.
The committee approved adopting the State of Wisconsin Commercial Card Program through U.S. Bank as the county’s purchase-card provider, highlighting features such as real-time transaction monitoring, limits management, and the ability to attach receipts. The minutes list potential rebates including a 135‑basis‑point volume incentive and up to a 45‑basis‑point prompt payment incentive issued quarterly to participating agencies.
The resolution indicates the program is offered through a publicly bid NASPO ValuePoint contract and includes training and implementation assistance. The motion to approve Resolution 2026-4067 was recorded as made by Youngs and seconded by Erickson; minutes state 'All yes, carried.'
