School District of the City of Dearborn Resolution Financial Institution Designations and Practices 2026-06-22
Huntington Bank Approved for District Deposits
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Description
Dearborn’s school district designated Huntington Bank as an official depository with a maximum district deposit limit of $20 million. The bank is authorized to hold district funds and honor authorized and facsimile signatures on payments.
Contract Details
Contract Amount
Maximum deposit $20,000,000
Vendor
HUNTINGTON BANK
Agency
Dearborn City School District, MI
Contract Type
FINANCIAL_SERVICES
Document Date
June 22, 2026
Renewal Info
Designation remains in effect until written notice to the contrary is served on the bank by the district.
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