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Freestone County selects Community National as county depository after competitive bids
Summary
After reviewing three bank proposals, county officials voted to name Community National as the county depository, citing its higher interest return and competitiveness on account services; motion carried by voice vote.
Freestone County officials voted during a public meeting to name Community National the county depository after reviewing three competitive bank proposals.
County staff member Mandy told the meeting that three banks submitted proposals and that each had answered a worksheet listing the county's requirements. "Each one was very competitive against each other," Mandy said, adding…
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