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Eastern Delaware County JRD names First Commonwealth Bank as public depository

3174618 · May 1, 2025
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Summary

The Eastern Delaware County Joint Recreation District board voted unanimously to designate First Commonwealth Bank in Sunbury as its official public depository, clearing the way to open an account for operating expenses and consultant payments.

The Eastern Delaware County Joint Recreation District Board of Trustees voted 6-0 to designate First Commonwealth Bank in Sunbury as the district’s public depository, authorizing staff to open an account for board operations and consultant payments.

The move matters because the board has no operating account yet; Miss Riley, a staff member, said First Commonwealth provided a 50‑page call report showing it can collateralize public deposits and that the board already has an EIN needed to open the account. The resolution is listed in meeting materials as Resolution No. 202507 and includes the bank’s financial exhibit as “Exhibit A.”

Board members moved and seconded the resolution in open session and recorded six affirmative votes: Mister Elliott, Miss Greger, Miss Watson, Miss Sabata, Mister Musacchio and Mister Coy. The motion was moved by Mister Elliott and seconded by Miss Greger.

The bank designation will allow the board to accept funds from the participating political subdivisions and to pay consultants and vendors as the district forms. No additional conditions or contingencies were stated during the vote; staff said they would forward required bank application materials to the treasurer for completion.

The board’s next steps include completing the bank account paperwork and reporting back to the partner jurisdictions as required by the intergovernmental agreement.