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FINANCIAL_SERVICESAPPROVED

Independent School District 264 Minutes January 2025

Kensington Bank named official school depository

Herman-Norcross School DistrictKENSINGTON BANK OF HERMANJanuary 15, 2025

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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

The School Board designated the Kensington Bank of Herman as an official depository for district funds in 2025 and approved its collateral list. This action authorizes the bank to hold district checking, savings, and investment accounts.

Contract Details

Vendor

KENSINGTON BANK OF HERMAN

Agency

Herman-Norcross School District, MN

Contract Type

FINANCIAL_SERVICES

Document Date

January 15, 2025

Contract Term

January 1, 2025 to December 31, 2025

Renewal Date

2025-12-31

Renewal Info

Designation valid for calendar year 2025; requires renewal or redesignation in future organizational meetings.

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