Maynard Retirement Board Minutes 2026-05-21
Board Transfers Funds to Citizens Bank Account
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Description
The Maynard Retirement Board authorized a $345,000 transfer from PRIT cash into its Citizens Bank checking account to fund May payroll and vendor warrants. This action reflects ongoing use of Citizens Bank for the system’s banking services.
Contract Details
Contract Amount
$345,000.00 (fund transfer; not a fee)
Vendor
CITIZENS BANK
Agency
Maynard Housing Authority, MA
Contract Type
FINANCIAL_SERVICES
Document Date
May 21, 2026
Contract Term
One-time transfer dated May 21, 2026 for May 2026 obligations
Renewal Info
Existing banking relationship; no explicit contract term or renewal provisions discussed in the minutes.
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