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FINANCIAL_SERVICESAPPROVED

Des Moines County Board of Supervisors Agenda Packet 2026-05-26

Connection Bank proposed as new county depository

$10,000,000.00Des Moines CountyCONNECTION BANKMay 26, 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

Des Moines County Treasurer proposed adding Connection Bank as a new depository with a $10,000,000.00 limit for the July 1, 2025 through June 30, 2026 fiscal year, pending Board of Supervisors approval.

Contract Details

Contract Amount

$10,000,000.00

Vendor

CONNECTION BANK

Agency

Des Moines County, IA

Contract Type

FINANCIAL_SERVICES

Document Date

May 26, 2026

Contract Term

July 1, 2025 – June 30, 2026

Renewal Date

2026-06-30

Renewal Info

New depository authorization for FY 2025-2026; future use and limits must be reauthorized through updated depository resolutions.

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