School District of the City of Dearborn Resolution Financial Institution Designations and Practices 2026-06-22
Bank of New York Mellon Named District Depository
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Description
The School District of the City of Dearborn authorized Bank of New York Mellon as a depository institution with a $2 million maximum deposit limit. The resolution permits standard depository contracts and the honoring of checks and facsimile signatures.
Contract Details
Contract Amount
Maximum deposit $2,000,000
Vendor
BANK OF NEW YORK MELLON
Agency
Dearborn City School District, MI
Contract Type
FINANCIAL_SERVICES
Document Date
June 22, 2026
Renewal Info
The designation continues according to the bank’s specimen signature certifications until revoked in writing by the district.
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