delhi_charter_township_downtown_development_author.pdf
DDA Plans Closure of Dormant Dart Bank Account
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Description
The DDA Executive Director recommended closing the dormant DDA account at Dart Bank to avoid new monthly service fees. Funds would be paid to Delhi Charter Township and moved into the DDA’s higher-yield Michigan CLASS subaccount.
Contract Details
Vendor
DART BANK
Agency
Town of Delhi charter, MI
Contract Type
FINANCIAL_SERVICES
Document Date
October 28, 2025
Renewal Info
Recommendation is to terminate the existing banking relationship on the dormant account and transfer all funds to Michigan CLASS via the Township Treasurer’s Office.
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