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Board of Finance reviews 2025 investment report, DUAB fiscal indicators and designates depository banks
Summary
The Board of Finance approved the 2025 investment report, reviewed Distressed Units Appeal Board (DUAB) fiscal indicators showing a solid financial condition, and designated Greenfield Banking Company and Argent Bank as depositories after Huntington sold its investment unit.
The Greenfield Central Board of Trustees convened as the Board of Finance and approved the district’s 2025 investment report and related recommendations.
Presenters summarized returns and balances: the packet lists deposits with Greenfield Banking Company yielding approximately $677,515.63 and investment interest from CDs of about $357,827.89; the…
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