benton-county-meeting-minutes-2023-02-28_e91.pdf
Cedar Valley Bank & Trust Gets $13M County Limit
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Description
Benton County approved Cedar Valley Bank & Trust in La Porte City/Vinton as a depository for up to $13,000,000 of county funds during fiscal year 2023. This significantly expands the county’s authorized deposit capacity at this institution.
Contract Details
Contract Amount
$13,000,000 (maximum deposits)
Vendor
CEDAR VALLEY BANK & TRUST
Agency
Benton County, IA
Contract Type
FINANCIAL_SERVICES
Document Date
February 28, 2023
Contract Term
Fiscal year 2023
Renewal Date
2024-06-30
Renewal Info
Authorization applies to FY 2023; further use requires future board action.
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