Town of Otisco Town Board Meeting Minutes April 2026
Town Adopts ACH Fraud Policy with NBT Bank Guidance
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Description
The Town of Otisco affirmed its ongoing electronic banking relationship with NBT Bank, adopting an ACH Fraud Prevention Policy in response to Nacha rules. The policy governs how ACH vendor payments and other electronic transactions will be managed to reduce fraud risk.
Contract Details
Vendor
NBT BANK
Agency
Town of Otisco, NY
Contract Type
FINANCIAL_SERVICES
Document Date
April 13, 2026
Renewal Info
Policy and controls implemented for ACH transactions with NBT Bank; no explicit renewal date for banking services stated.
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