Tag Archives: banking services

The city is stuck with Wells Fargo for a few more years

You may recall that last year the City told Wells Fargo Bank that it would not be renewing its contract for bank depository service, and began the process of issuing an RFP for a new bank.  Yesterday morning the Council got an update on that process, and the news is not good — though it may expedite the process of achieving the city’s long-term goal of running its own bank.

Continue reading The city is stuck with Wells Fargo for a few more years