Village of Lansing Board of Trustees Minutes 2026-05-04
M&T Bank Added as Authorized Village Depository
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Description
The Village of Lansing amended its Investment Policy to designate M&T Bank as an authorized depository for up to $10 million in Village funds, replacing First Niagara Bank. This expands the Village’s banking options for safeguarding public monies.
Contract Details
Contract Amount
Deposits up to $10,000,000
Vendor
M&T BANK
Agency
Village of Lansing, NY
Contract Type
FINANCIAL_SERVICES
Document Date
May 4, 2026
Contract Term
Ongoing, subject to annual policy review
Renewal Date
2027-05-04
Renewal Info
M&T Bank’s role as an authorized depository is defined in the Investment Policy, which is subject to annual Board review and amendment.
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