Montezuma State Bank Named District Depository for 2025-26
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Description
The board designated Montezuma State Bank as an official depository for multiple school district funds for 2025-26, with approval of maximum deposit limits per fund per board resolution.
Contract Details
Contract Amount
$100,000 (Self-funded Ins), $400,000 (Activity Fund), $5,000,000 (PPEL Fund), $750,000 (Debt Service Fund), $10,000,000 (Capital Projects Fund)
Vendor
MONTEZUMA STATE BANK
Agency
Montezuma Community School District, IA
Contract Type
FINANCIAL_SERVICES
Document Date
November 19, 2025
Contract Term
2025-26 school year
Renewal Date
2026-07-01
Renewal Info
Appointment is for the 2025-26 school year, renewable annually by board action.
More from MONTEZUMA STATE BANK
More from Montezuma Community School District
Montezuma School District Board Minutes January 2026
Montezuma Community School District Board Meeting Agenda January 2026
montezuma_school_district_board_minutes_nov_2025.pdf
montezuma_school_district_board_minutes_nov_2025.pdf
montezuma_school_district_board_minutes_nov_2025.pdf
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