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FINANCIAL_SERVICESAPPROVED

Independent School District 264 Minutes January 2024

Board Approves Kensington Bank as Depository

Herman-Norcross School DistrictKENSINGTON BANK OF HERMANJanuary 17, 2024

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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 School Board approved Kensington Bank of Herman as an official depository for district funds in 2024 and accepted its collateral list. This authorization allows the bank to hold checking, savings, and investment accounts for the district.

Contract Details

Vendor

KENSINGTON BANK OF HERMAN

Agency

Herman-Norcross School District, MN

Contract Type

FINANCIAL_SERVICES

Document Date

January 17, 2024

Contract Term

January 1, 2024 to December 31, 2024

Renewal Date

2024-12-31

Renewal Info

Depository designation and collateral approval are valid through December 31, 2024 and must be renewed annually.

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