Town Adds Chemung Canal Trust as Official Depository
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Description
The Town Board authorized establishing Chemung Canal Trust Company as an official depository and approved transferring up to $500,000 in Town funds to new accounts there. The Supervisor and authorized signatories may execute all required documents to maintain and administer these accounts.
Contract Details
Contract Amount
Not to exceed $500,000 (funds to be deposited)
Vendor
CHEMUNG CANAL TRUST COMPANY
Agency
Owasco Water District, NY
Contract Type
FINANCIAL_SERVICES
Document Date
April 9, 2026
Renewal Info
Banking relationship continues until changed by future Board action; no specific maturity or renewal date stated.
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