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FINANCIAL_SERVICESAPPROVED

Lodi Board of Education Reorganization Meeting Agenda 2026-05-11

Valley Bank Named District Funds Depository

Lodi School DistrictVALLEY BANKMay 11, 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

The Lodi Board of Education designated Valley Bank as an official depository for multiple district funds, including general and reserve accounts, effective through the next reorganization meeting. This action authorizes the bank to handle checks and other instruments drawn on these accounts under specified signatory rules.

Contract Details

Vendor

VALLEY BANK

Agency

Lodi School District, NJ

Contract Type

FINANCIAL_SERVICES

Document Date

May 11, 2026

Contract Term

May 11, 2026 to next Reorganization Meeting (for main district accounts)

Renewal Info

Designation as depository runs until the next Board Reorganization Meeting, when it may be reauthorized or changed.

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