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FINANCIAL_SERVICESONGOING

RSU 54 MSAD 54 Board of Directors Minutes November 2025

District Adds Positive Pay Service With Skowhegan Savings

School Administrative District 54SKOWHEGAN SAVINGS BANKNovember 20, 2025

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

RSU 54/MSAD 54 implemented the Positive Pay service with Skowhegan Savings Bank to protect against potential future fraudulent payroll activity. The service was adopted at the bank's recommendation, though the cost and contract term were not detailed in the minutes.

Contract Details

Vendor

SKOWHEGAN SAVINGS BANK

Agency

School Administrative District 54, ME

Contract Type

FINANCIAL_SERVICES

Document Date

November 20, 2025

Renewal Info

Ongoing banking service; no explicit term or renewal provisions were discussed in the minutes.

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