Town of Loch Lynn Heights Council Meeting Minutes January 2026
Town Transfers Funds from WEPCO Credit Union Account
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Description
The Town of Loch Lynn Heights transferred municipal funds out of a WEPCO money market account after confirming state law does not allow government deposits in credit unions. The move shifts town funds to a compliant banking institution.
Contract Details
Vendor
WEPCO
Agency
Town of Loch Lynn Heights, MD
Contract Type
FINANCIAL_SERVICES
Document Date
January 6, 2026
Renewal Info
Relationship for holding municipal funds in a WEPCO money market account effectively terminated due to state law compliance.
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Town of Loch Lynn Heights Council Meeting Minutes January 2026
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