City of Missouri Valley Council Minutes January 2026
MidStates Bank Named City Depository for $7 Million
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Description
The Missouri Valley City Council approved MidStates Bank as an authorized depository for up to $7 million in city funds for 2026. This action formalizes the bank's role in holding and managing municipal funds.
Contract Details
Contract Amount
$7,000,000.00 (depository limit)
Vendor
MIDSTATES BANK
Agency
City of Missouri Valley, IA
Contract Type
FINANCIAL_SERVICES
Document Date
January 6, 2026
Renewal Info
Resolution effective until amended or rescinded. No automatic renewal, action required for change.
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