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Rogers School Board adds four local banks to depository list, limits deposits to $5 million each
Rogers School District Board of Education · December 17, 2024
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Summary
The Rogers School District board approved adding four local banks to the district’s depository list and set a $5,000,000 cap per bank; a board member recused themself from that item due to a direct conflict of interest.
The Rogers School District Board of Education voted to add four local banks to its list of depositories and to cap deposits at $5,000,000 per institution.
Administration presented a request for information process that produced offers from First Security Bank, United Bank, First National Bank and Chambers Bank and recommended adding them to expand the…
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