Hoffman Estates Park District Administration & Finance Committee Agenda Packet 2026-05-26
District Updates Authorized Signers On Wintrust Accounts
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Description
The Administration & Finance Committee recommended approval of a resolution with Wintrust authorizing key district officers as signers on multiple bank and investment accounts. The action supports opening and managing existing and new depository, sweep, and payroll-related accounts while maintaining internal dual-signature controls.
Contract Details
Vendor
WINTRUST
Agency
Hoffman Estates Park District, IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Renewal Info
Resolution R26-004 requires at least two authorized signers on all accounts despite Wintrust’s one-signer minimum. Two additional Wintrust accounts (sweep and payroll/insurance money market) are planned to be opened under this framework.
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