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FINANCIAL_SERVICESDISCUSSSED

logan-county-board-of-commissioners-meeting-minutes-october-21-2025_23a.pdf

Treasurer plans transfer of funds from Richwood Bank

$2.8 million (planned transfer amount)Town of BokescreekRICHWOOD BANKOctober 21, 2025

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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

Logan County Treasurer reported plans to transfer $2.8 million in county funds from Richwood Bank to US Bank to secure higher interest rates. The board discussed the planned movement of funds but took no formal action at this meeting.

Contract Details

Contract Amount

$2.8 million (planned transfer amount)

Vendor

RICHWOOD BANK

Agency

Town of Bokescreek, OH

Contract Type

FINANCIAL_SERVICES

Document Date

October 21, 2025

Renewal Info

Existing depository relationship; potential reduction in balances as funds are shifted to US Bank.

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