Benton County Board of Supervisors Minutes 2026-06-16
County Sets $20M Cap at Farmers Savings Bank
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Description
Benton County designated Farmers Savings Bank & Trust in Vinton/Traer as an approved depository for up to $20 million of county funds during fiscal year 2027. The county treasurer is authorized to maintain deposits up to this limit under Resolution #26-54.
Contract Details
Contract Amount
$20,000,000 maximum deposits
Vendor
FARMERS SAVINGS BANK & TRUST
Agency
Benton County, IA
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Contract Term
Fiscal year 2027
Renewal Date
2027-06-30
Renewal Info
Designation applies to fiscal year 2027 only and must be reauthorized in future fiscal years.
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Benton County Board of Supervisors Minutes 2026-06-16
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Benton County Board of Supervisors Minutes 2026-06-16
Benton County Board of Supervisors Minutes 2026-06-16
Benton County Board of Supervisors Minutes 2026-06-16
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