Fairfield Community School District Regular Board Meeting Agenda 2026-06-22
Iowa State Bank Named Major District Depository
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Description
The board will act on designating Iowa State Bank in Fairfield as a depository for all district funds, including capital project bonds and CDs, with a maximum balance of $45 million for the 2026-2027 period.
Contract Details
Contract Amount
$45,000,000.00 depository limit
Vendor
IOWA STATE BANK FAIRFIELD
Agency
Fairfield Community School District, IA
Contract Type
FINANCIAL_SERVICES
Document Date
June 22, 2026
Contract Term
2026-2027 depository designation period
Renewal Date
2027-06-30
Renewal Info
Annual depository authorization for the 2026-2027 period with a $45 million cap; renewals typically considered each year.
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Fairfield Community School District Regular Board Meeting Agenda 2026-06-22
Fairfield Community School District Regular Board Meeting Agenda 2026-06-22
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