Village Adjusts Funds Strategy with FNBLI Account
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Description
The Village of Baxter Estates authorized ongoing cash management transfers from its First National Bank of Long Island money market account, maintaining a compensating balance and moving excess funds to NYCLASS. This action reflects continued use of FNBLI as a banking services provider.
Contract Details
Vendor
FIRST NATIONAL BANK OF LONG ISLAND
Agency
Village of Baxter Estates, NY
Contract Type
FINANCIAL_SERVICES
Document Date
January 7, 2026
Renewal Info
Ongoing banking relationship utilizing a money market account with a required compensating balance.
More from FIRST NATIONAL BANK OF LONG ISLAND
More from Village of Baxter Estates
Village of Baxter Estates Board of Trustees Meeting Agenda April 9, 2026
Village of Baxter Estates Board of Trustees Meeting Minutes April 2026
Village of Baxter Estates Board of Trustees Meeting Minutes April 2026
Village of Baxter Estates Board of Trustees Meeting Minutes April 2026
Village of Baxter Estates Board of Trustees Meeting Minutes April 2026
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