FINANCIAL_SERVICESAPPROVED

Lake Orion Community Schools Agenda Action Item #16 - Authorize Legal and Financial Agents of Record and Operational Delegation 2026-06-24

Board Reaffirms PNC Bank as Designated Depository

Lake Orion Community SchoolsPNC BANKJune 23, 2026

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Description

In addition to serving as primary depository, PNC Bank was reaffirmed as a designated depository and banking partner for Lake Orion Community Schools in 2025-26. The bank will support the district's broader depository and investment activities.

Contract Details

Vendor

PNC BANK

Agency

Lake Orion Community Schools, MI

Contract Type

FINANCIAL_SERVICES

Document Date

June 23, 2026

Contract Term

2025-26 school year

Renewal Date

2026-06-30

Renewal Info

Designation as depository and banking partner for 2025-26; to be reviewed annually.

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Issuing Agency