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FINANCIAL_SERVICESAPPROVED

Ridgefield School District Agenda Regular Board Meeting 2026-05-21

Valley Bank Chosen for Payroll Direct Deposit

Ridgefield School DistrictVALLEY BANKMay 21, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Ridgefield Board of Education approved implementation of a mandatory direct deposit payroll program for 2026-2027 using Valley Bank as the servicing institution. The program is intended to improve efficiency, security, and timeliness of employee payments.

Contract Details

Vendor

VALLEY BANK

Agency

Ridgefield School District, NJ

Contract Type

FINANCIAL_SERVICES

Document Date

May 21, 2026

Contract Term

July 1, 2026 – June 30, 2027

Renewal Date

2027-06-30

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