Change Official Depository to M&T Bank
Expiredoperationalone_timeThe Village will switch its official depository from Key Bank to M&T Bank, with a 90-day transition from June through September 2015, maintaining both banks as official depository until September 2015 and leaving $1500 in Key Bank to cover transactions during the switch.
First seen
2015-04-22
Latest event
2015-04-22
adopted
Expires
2015-09-30
Resolution text
RESOLVED
- the Village of Red Hook will modify its official depository from Key Bank to M&T Bank with transition under the control of the Board of Trustees and Treasurer Cole, timed to match the Treasurer's tax schedule and workload, with both banks remaining official until September 2015
Lifecycle (1 event)
2015-04-22adoptedvote: unanimous
Modify the Village's official depository from Key Bank to M&T Bank with transition occurring between June and September 2015 under Board and Treasurer control.
moved by Blundell · seconded by Kovalchik
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Resolved
- the Village of Red Hook will modify its official depository from Key Bank to M&T Bank with transition under the control of the Board of Trustees and Treasurer Cole, timed to match the Treasurer's tax schedule and workload, with both banks remaining official until September 2015
Subject key:
bank_depository_switch