School District of the City of Dearborn Resolution Financial Institution Designations and Practices 2026-06-22
Fifth Third Named Dearborn School District Depository
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Description
The School District of the City of Dearborn designated Fifth Third Bank as an official depository with a maximum deposit limit of $100 million. The resolution authorizes depository contracts, fund withdrawals, and the use of facsimile signatures on district checks.
Contract Details
Contract Amount
Maximum deposit $100,000,000
Vendor
FIFTH THIRD BANK
Agency
Dearborn City School District, MI
Contract Type
FINANCIAL_SERVICES
Document Date
June 22, 2026
Renewal Info
Designation continues in force until written notice of change is provided to the bank, as referenced in the resolution and signature card certifications.
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