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Albany County
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County banking services contract

Albany County

Summary

M&T Bank won a three-year deal to handle county banking after an RFP, with yields of 3.5% on money market and 2.5% on checking and no service fees if balances are maintained.

At a glance

Total mentions
1
Last 30 days
0

Discussed at 1 meeting in the last 60 days; most recently Oct 1, 2026.

Impact analysis

💰Financial impact

No direct service charges; costs are offset through compensating balances.

✅Who benefits

County taxpayers, who avoid banking fees.

Mentions & discussions (1)

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