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Board re‑approves district banking services; staff recommends NBB Bank despite current MBB relationship
Summary
The board approved a banking-services recommendation to NBB Bank after staff reviewed switching costs, customer service and existing accounts; the district currently banks with MBB Bank and relies on that relationship for payroll and tax processing.
The Monongalia County Board of Education on July 22 approved a recommendation for district banking services, with staff naming NBB Bank as the recommended bank.
Nicole, the procurement/finance staff member, outlined considerations the district weighed: the direct cost of switching banks, the need to maintain multiple accounts for outstanding…
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