Benton County Board of Supervisors Minutes 2026-06-16
Chelsea Savings Bank Named $5M County Depository
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Description
The Board designated Chelsea Savings Bank in Belle Plaine as an approved county depository with a $5 million maximum balance for fiscal year 2027. The treasurer may deposit county funds up to this cap under Resolution #26-54.
Contract Details
Contract Amount
$5,000,000 maximum deposits
Vendor
CHELSEA SAVINGS BANK
Agency
Benton County, IA
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Contract Term
Fiscal year 2027
Renewal Date
2027-06-30
Renewal Info
Applies only for fiscal year 2027 and requires future board action for subsequent years.
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