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Forsyth County Schools to switch banking services to JPMorgan; deposits to be picked up from schools

2288893 · February 13, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

CFO Larry Hamill told the board the district selected JPMorgan after an RFP process and expects to finish the switchover by the end of the month; the bank will provide free pickup of school deposits, removing the need for school staff to transport cash to branches.

Larry Hamill, chief financial officer for Forsyth County Schools, told the board on Feb. 11 that the district completed a request‑for‑proposal last year and selected JPMorgan to provide banking services after a multi‑bank review.

“We had…

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