District Holds $2.7M in Local Collateralized Bank Deposits
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Description
Marion CSD held over $2.7 million in collateralized deposits at multiple New York State financial institutions as of June 30, 2024, in accordance with state law and board policy.
Contract Details
Contract Amount
$2,715,201 (collateralized deposits)
Vendor
VARIOUS FINANCIAL INSTITUTIONS
Agency
Marion Central School District, NY
Contract Type
FINANCIAL_SERVICES
Document Date
June 30, 2024
Contract Term
Active as of June 30, 2024
Renewal Info
Participation with banking vendors is ongoing; accounts are evaluated based on service, rates, and legal compliance.
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