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FINANCIAL_SERVICESAPPROVED

Benton County Board of Supervisors Minutes 2026-06-16

Van Horne Chelsea Savings Bank Gets $5M Limit

$5,000,000 maximum depositsBenton CountyCHELSEA SAVINGS BANKJune 16, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Chelsea Savings Bank in Van Horne was approved as a county depository for up to $5 million in funds during fiscal year 2027. The treasurer is authorized to hold deposits to this limit 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

Valid for fiscal year 2027 only; renewal subject to future board approval.

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