U.S. Bank

After more than a decade of banking locally, Alameda Municipal Power appears prepared to move to a bigger bank.

Managers at the city-owned utility, which has done business with the Bank of Alameda since 2001, are seeking a move to U.S. Bank. The city’s Public Utilities Board is slated to vote on a $96,100, three-year contract with the bank at its regular meeting tonight – an amount that could increase as the utility investigates additional service enhancements.