Village of Waynesville Council Meeting Agenda May 4, 2026
Village Considers Restructured Banking Agreement With LCNB
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Description
Waynesville's Finance Director is negotiating with LCNB to restructure the Village's banking services, aiming to waive fees by increasing the checking account balance and securing a 0.25% rate increase on the ICS sweep. The proposed changes could generate an estimated $1,400 in additional interest each month.
Contract Details
Vendor
LCNB
Agency
Waynesville village, OH
Contract Type
FINANCIAL_SERVICES
Document Date
May 4, 2026
Renewal Info
Proposal to modify existing banking relationship by changing account structures and pricing; pending implementation approval.
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Village of Waynesville Council Meeting Agenda May 4, 2026
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