Library District Regular Board Meeting Minutes February 2026
Library Reduces Primary Banking With UMB
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Description
The Library District Board approved shifting primary checking and savings accounts from UMB to ARSB, reducing UMB’s role as the District’s main depository. Trustees cited fees and interest rates as key reasons for the change.
Contract Details
Vendor
UMB
Agency
Galena Public Library District, IL
Contract Type
FINANCIAL_SERVICES
Document Date
February 9, 2026
Renewal Info
Existing depository relationship with UMB will be curtailed as accounts are migrated to ARSB; no explicit termination date provided.
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