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Depository Banks

By annual resolution, the Board will designate the name and location of the Iowa-located financial depository institution or institutions to serve as the official District depository or depositories. The maximum deposit amount to be kept in the depository will be stated in the resolution. The amount stated in the resolution must be for all depositories and include all of the District’s funds.


Iowa Code ยงยง 279.33

  • Approved:  Approved: 03-27-78
  • Reviewed:  08-28-89, 08-10-92, 07-15-96
  • Revised: 01-11-99
  • Reviewed:  07-14-03, 03-10-08
  • Revised: 01-13-14
  • Reviewed: 02-25-19
  • Documents: 704.4

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