Agenda Summary
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Requesting approval to extend and amend a contract with Eastern Bank for an additional year until 8/31/2026, for the banking services of the Treasury Department.
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Official Text
To the Honorable City Council:
The Mayor respectfully requests that this Council approve a contract extension with Eastern Bankshares, Inc. (Eastern Bank) for contract #230112 Banking Services and ATMs for an additional one year, there will be no change to current pricing. The new expiration date will be 8/31/2026.
Appropriate staff will be available to answer any questions you may have. Thank you for your consideration of this item.
Respectfully submitted,
Katjana Ballantyne, Mayor