Northern Inyo Healthcare District Board Meeting Agenda Packet 2026-06-17
Board Approves Five Star Bank Sweep and Fund Transfer
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Description
Northern Inyo Healthcare District approved transferring approximately $1.4 million into a higher-yield account at Five Star Bank and establishing a business interest sweep account to improve investment returns on operating cash. These banking changes are intended to enhance interest earnings while maintaining liquidity.
Contract Details
Contract Amount
Approximately $1.4 million transfer; interest-bearing accounts, amounts variable
Vendor
FIVE STAR BANK
Agency
Northern Inyo Hospital, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 17, 2026
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