benton-county-meeting-minutes-2023-02-28_e91.pdf
County Sets $20M Depository Limit at Farmers Savings
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Description
The Benton County Board of Supervisors approved Resolution #23-12 designating Farmers Savings Bank & Trust as a depository for up to $20,000,000 of county funds for fiscal year 2023. This action authorizes the County Treasurer to place deposits with the bank within that limit.
Contract Details
Contract Amount
$20,000,000 (maximum deposits)
Vendor
FARMERS SAVINGS BANK & TRUST
Agency
Benton County, IA
Contract Type
FINANCIAL_SERVICES
Document Date
February 28, 2023
Contract Term
Fiscal year 2023
Renewal Date
2024-06-30
Renewal Info
Annual depository authorization for fiscal year 2023; future fiscal years require new or amended resolutions.
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