School District of the City of Dearborn Resolution Financial Institution Designations and Practices 2026-06-22
PNC Bank Approved as District Depository
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Description
The Dearborn school board designated PNC Bank as an official depository with a maximum district deposit of $100,000. The resolution authorizes depository agreements, withdrawals, and the honoring of facsimile signatures on district payments.
Contract Details
Contract Amount
Maximum deposit $100,000
Vendor
PNC BANK
Agency
Dearborn City School District, MI
Contract Type
FINANCIAL_SERVICES
Document Date
June 22, 2026
Renewal Info
Designation remains effective until the district serves written notice to the bank altering or revoking the authority.
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