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Mason commission picks bank depository through 2030
Summary
The City Commission voted to accept The Commercial Banks as Mason's depository for Feb. 17, 2026–Dec. 31, 2030 after reviewing and scoring three bids and following a recommendation from the city's finance officer.
The City Commission of Mason voted Feb. 17 to designate The Commercial Banks as the city's depository for the period Feb. 17, 2026 through Dec. 31, 2030.
Commissioners said they relied on a scoring process for three bids and on a recommendation from the city's finance officer. Commissioner Annette Thomas moved to accept The Commercial Banks; Commissioner David Hyden seconded the motion and it carried without opposition. The meeting record shows the motion carried unanimously.
The vote implements a multi-year depository agreement that will govern where the city's operating and custodial funds are held through the end of 2030. The commission did not discuss the specific scoring breakdown or banking fees in detail during the meeting; those details were not specified in the public record of this session.
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