# Designation of municipal depositories for City of Chicago and Chicago Board of Education for Fiscal Year 2025

[Votes](https://www.chicagopolitics.org/legislation) › [Finance](https://www.chicagopolitics.org/committee/finance)

Clerk's short name: 2025 Municipal Depositaries

- Record number: **O2025-0014611**
- Type: Ordinance; category: City Council
- Status: Final
- Sponsor: Johnson, Brandon
- Committee: [Committee on Finance](https://www.chicagopolitics.org/committee/finance)
- Introduction Date: Jan 15, 2025
- Final Action Date: Feb 19, 2025
- Official record: [Office of the City Clerk](https://chicityclerkelms.chicago.gov/Matter/?matterId=CE290D6B-0CCE-EF11-B8E9-001DD8306DF0)

## Roll call: Passed Feb 19, 2025

**50 yea, 0 nay.** On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Harris, the matter was Passed. Voted at the [City Council meeting of Feb 19, 2025](https://www.chicagopolitics.org/meeting/3177F700-7CD3-EF11-8EEA-001DD804AA64).

**Yea (50)**: [Daniel La Spata](https://www.chicagopolitics.org/ward/1) (1), [Brian Hopkins](https://www.chicagopolitics.org/ward/2) (2), [Pat Dowell](https://www.chicagopolitics.org/ward/3) (3), [Lamont J. Robinson](https://www.chicagopolitics.org/ward/4) (4), [Desmon C. Yancy](https://www.chicagopolitics.org/ward/5) (5), [William E. Hall](https://www.chicagopolitics.org/ward/6) (6), [Gregory I. Mitchell](https://www.chicagopolitics.org/ward/7) (7), [Michelle A. Harris](https://www.chicagopolitics.org/ward/8) (8), [Anthony Beale](https://www.chicagopolitics.org/ward/9) (9), [Peter Chico](https://www.chicagopolitics.org/ward/10) (10), [Nicole T. Lee](https://www.chicagopolitics.org/ward/11) (11), [Julia M. Ramirez](https://www.chicagopolitics.org/ward/12) (12), [Marty Quinn](https://www.chicagopolitics.org/ward/13) (13), [Jeylú B. Gutiérrez](https://www.chicagopolitics.org/ward/14) (14), [Raymond A. Lopez](https://www.chicagopolitics.org/ward/15) (15), [Stephanie D. Coleman](https://www.chicagopolitics.org/ward/16) (16), [David H. Moore](https://www.chicagopolitics.org/ward/17) (17), [Derrick G. Curtis](https://www.chicagopolitics.org/ward/18) (18), [Matthew J. O'Shea](https://www.chicagopolitics.org/ward/19) (19), [Jeanette B. Taylor](https://www.chicagopolitics.org/ward/20) (20), [Ronnie L. Mosley](https://www.chicagopolitics.org/ward/21) (21), [Michael D. Rodriguez](https://www.chicagopolitics.org/ward/22) (22), [Silvana Tabares](https://www.chicagopolitics.org/ward/23) (23), [Monique L. Scott](https://www.chicagopolitics.org/ward/24) (24), [Byron Sigcho-López](https://www.chicagopolitics.org/ward/25) (25), [Jessica L. Fuentes](https://www.chicagopolitics.org/ward/26) (26), [Walter R. Burnett](https://www.chicagopolitics.org/ward/27) (27), [Jason C. Ervin](https://www.chicagopolitics.org/ward/28) (28), [Chris Taliaferro](https://www.chicagopolitics.org/ward/29) (29), [Ruth Cruz](https://www.chicagopolitics.org/ward/30) (30), [Felix Cardona Jr.](https://www.chicagopolitics.org/ward/31) (31), [Scott Waguespack](https://www.chicagopolitics.org/ward/32) (32), [Rossana Rodríguez Sánchez](https://www.chicagopolitics.org/ward/33) (33), [William Conway](https://www.chicagopolitics.org/ward/34) (34), [Gilbert Villegas](https://www.chicagopolitics.org/ward/36) (36), [Emma Mitts](https://www.chicagopolitics.org/ward/37) (37), [Nicholas Sposato](https://www.chicagopolitics.org/ward/38) (38), [Samantha Nugent](https://www.chicagopolitics.org/ward/39) (39), [Andre Vasquez Jr.](https://www.chicagopolitics.org/ward/40) (40), [Anthony V. Napolitano](https://www.chicagopolitics.org/ward/41) (41), [Brendan Reilly](https://www.chicagopolitics.org/ward/42) (42), [Timothy R. Knudsen](https://www.chicagopolitics.org/ward/43) (43), [Bennett R. Lawson](https://www.chicagopolitics.org/ward/44) (44), [James M. Gardiner](https://www.chicagopolitics.org/ward/45) (45), [Angela Clay](https://www.chicagopolitics.org/ward/46) (46), [Matthew J. Martin](https://www.chicagopolitics.org/ward/47) (47), [Leni Manaa-Hoppenworth](https://www.chicagopolitics.org/ward/48) (48), [Maria E. Hadden](https://www.chicagopolitics.org/ward/49) (49), [Debra L. Silverstein](https://www.chicagopolitics.org/ward/50) (50), Carlos Ramirez-Rosa (former member)

## Plain-language summary

> Written by AI (language model) from the ordinance text only. AI can make mistakes; the official document always wins.



## Timeline

- Jan 15, 2025: Referred, City Council. The matter was Referred to Committee.
- Feb 10, 2025: Recommended to Pass, Committee on Finance. The matter was recommended to Pass by controlling legislative body.
- Feb 19, 2025: Signed by Mayor, City Council. The matter was Signed by the Mayor.
- Feb 19, 2025: Passed, City Council (50 yea, 0 nay), at the [City Council meeting](https://www.chicagopolitics.org/meeting/3177F700-7CD3-EF11-8EEA-001DD804AA64). On motion of Alderperson Dowell, and unsuccessful motion to reconsider by Alderperson Harris, the matter was Passed.

## Documents

- [O2025-0014611 Signed by Mayor\_0790.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/b9646215-01f1-4e9b-98d9-c61f6356f5c0.pdf) (Legislation)
- [O2025-0014611 No. 2A Amalgamated Investments\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/43b962a5-e1eb-448f-b661-f0457216af80.pdf) (EDS)
- [O2025-0014611 No. 6 Citibank, N.A.\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/f151e8e8-9084-433b-b7d0-e6de172e2fb9.pdf) (EDS)
- [O2025-0014611 No. 6A Citicorp LLC\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/d8db1830-7ca9-4089-8a47-91ce25e30de2.pdf) (EDS)
- [O2025-0014611 No. 8 First Eagle Bank\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/d84291a8-a19a-47fe-9162-a7b64a10fa79.pdf) (EDS)
- [O2025-0014611 No. 8D GST Trust for Andrew Salk\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/6e079026-e066-402c-9885-f97288be0e2e.pdf) (EDS)
- [O2025-0014611 No. 12B The PNC Financial Services Group, Inc.\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/c4eafc2b-15ab-4590-b093-537b69c6a629.pdf) (EDS)
- [O2025-0014611 No. 13A U.S. Bancorp\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/2aed85c8-19ab-4f7e-8dbf-adca5b8b1e5d.pdf) (EDS)
- [O2025-0014611 No. 14 Wells Fargo Bank, N.A.\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/1b24c1d6-5ac7-41b2-a6ba-597757d82e40.pdf) (EDS)
- [O2025-0014611 No. 14B Wells Fargo & Company\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/bdfe2ef4-f620-461e-8b76-84f418caeee0.pdf) (EDS)
- [O2025-0014611 No. 5A BMO Financial Corporation\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/97b70703-5982-4c21-8211-d5a5915390dd.pdf) (EDS)
- [O2025-0014611 No. 2C Debra H. Wrobel Trust\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/62a4fc56-3af6-4483-a36f-11d25566ba41.pdf) (EDS)
- [O2025-0014611 No. 2 Amalgamated Bank of Chicago\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/21e8f750-5594-4dcb-9399-67200887718e.pdf) (EDS)
- [O2025-0014611 No. 2B Robert M. Wrobel Trust\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/81500bb4-2be4-45f2-9544-6d551f8c1acb.pdf) (EDS)
- [O2025-0014611 No. 7 Fifth Third Bank, National Association\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/d543041b-6749-4656-bfb1-3c52e7aeb39c.pdf) (EDS)
- [O2025-0014611 No. 12A PNC Bancorp, Inc.\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/4b69ca89-6003-4a6e-967d-72e5a6a3a203.pdf) (EDS)
- [O2025-0014611 No. 13 U.S. Bank National Association\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/181c12a4-25d6-4fdc-9c85-e51ddb386678.pdf) (EDS)
- [O2025-0014611 Committee Letter.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/aa222414-f87e-46c8-8982-1ac8d04fdca5.pdf) (Committee Letter)
- [O2025-0014611 No. 3 American Metro Bank.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/b385cf63-3e6d-4e83-a9aa-410f010e870b.pdf) (EDS)
- [O2025-0014611 No. 4 Bank of America\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/fe59b768-f511-4fc1-a722-68c074bd77e8.pdf) (EDS)
- [O2025-0014611 No. 5 BMO Bank National Association\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/beaa1078-61fb-4811-9cd0-cad25ad0f453.pdf) (EDS)
- [O2025-0014611 No. 5B Bank of Montreal\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/7fd513b0-ddb9-4c61-b5c0-9eb0d65464ef.pdf) (EDS)
- [O2025-0014611 No. 8A First Eagle Bancshares, Inc.\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/bdad3f2e-2a2a-4b23-82d3-33018f48d27c.pdf) (EDS)
- [O2025-0014611 No. 11 Old National Bank\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/33fbb307-976f-4ac4-9533-00a7a6aa0e7c.pdf) (EDS)
- [O2025-0014611 No. 12 PNC Bank, National Association\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/fe3929d3-e4e7-4384-90a1-11dd76efdab0.pdf) (EDS)
- [O2025-0014611 No. 14A WFC Holdings LLC\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/cdbde032-43d0-4e91-bd10-b24bc607a89b.pdf) (EDS)
- [O2025-0014611 2025 Depositories Ordinance.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/659ec151-130e-4a8f-9cda-3c3a60c3c4cf.pdf) (Legislation)
- [O2025-0014611 Mayoral Letter.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/f740275d-326d-47a8-bf00-78d21e36477c.pdf) (Miscellaneous)
- [O2025- 0014611 No. 1 Albany Bank & Trust Co. NA\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/8b6568ea-5f0a-4752-9d29-8d67130a07dc.pdf) (EDS)
- [O2025-0014611 No. 6B Citigroup Inc.\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/b3442ae8-74c6-4994-a909-cd003cf2a31e.pdf) (EDS)
- [O2025-0014611 No. 8B GST Trust for Ellen Salk\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/0ab27cc1-08f1-4d13-8711-a319497bcf14.pdf) (EDS)
- [O2025-0014611 No. 8C GST Trust for Scott Salk\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/8ac7afe2-739c-44a9-8b2e-b83f1faaa212.pdf) (EDS)
- [O2025-0014611 No. 9 Huntington National Bank\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/3b476eff-be55-4de5-841b-6ec5d9508174.pdf) (EDS)
- [O2025-0014611 No. 3A American Metro Bancorp, Inc.\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/cc545f02-2954-4d0d-ab8d-d65de6c4f9cb.pdf) (EDS)
- [O2025-0014611 No. 1A Gecht Family Trust\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/81abc83f-196b-4534-ba5d-a4e0891f8b26.pdf) (EDS)
- [O2025-0014611 No. 4B BAC, North American Holding Co.\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/3ac49e74-d327-4c23-9087-afeaceabdf74.pdf) (EDS)
- [O2025-0014611 No. 4C NB Holdings Corporation\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/9a675007-2bf8-4cc5-b9e2-57ca5df0e168.pdf) (EDS)
- [O2025-0014611 No. 7A Fifth Third Financial Corporation\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/0817aa9b-8278-464b-b0aa-cfb7f0c0b9e6.pdf) (EDS)
- [O2025-0014611 No. 7B Fifth Third Bancorp\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/89f5d058-9fcc-48cb-8393-332fd8c46648.pdf) (EDS)
- [O2025-0014611 No. 10 JPMorgan Chase Bank, N.A.\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/7741e519-6e67-41ac-97cb-7d24f3309afb.pdf) (EDS)
- [O2025-0014611 No. 10A JPMorgan Chase & Co.\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/04966f82-b570-42ca-87b8-95440db2464e.pdf) (EDS)
- [O2025-0014611 No. 4A Bank of America Corporation\_Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/0d120462-fdba-4617-bca8-429895f5b7ca.pdf) (EDS)
- [O2025-0014611 No. 15 - Wintrust Bank, N.A. Redacted.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/aea18b6f-09fb-40ee-9b50-596d4a1e1cc9.pdf) (EDS)

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Sources and methods: [how we get and count this data](/about#methods) · [report an error](/about#corrections)

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Source: https://www.chicagopolitics.org/matter/O2025-0014611-depositories-city-chicago-chicago-board-education · Chicago Politics, an independent tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt