Bethpage Water District Minutes 2026-05-14
Webster Bank Collateral Agreement Recorded at 102 Percent
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Description
Bethpage Water District received a tri-party collateral agreement involving Webster Bank and Bank of NY Mellon providing 102% collateralization on district funds as of May 1, 2026. The arrangement secures district deposits held with Webster Bank.
Contract Details
Vendor
WEBSTER BANK
Agency
Bethpage Wd, NY
Contract Type
FINANCIAL_SERVICES
Document Date
May 14, 2026
Contract Term
Tri-party collateral agreement at 102%, dated 05/01/2026
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