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Commission selects Bank of Commerce for half‑cent sales‑tax account and grants treasurer view access
Summary
Gabby Sands recommended Bank of Commerce for the county half‑cent retailer sales‑tax account because of a higher estimated return (~3.5%), no routine fees and required collateralization; commissioners approved the selection and granted view-only online access to the treasurer.
The Neosho County Board of Commissioners on Feb. 10 accepted a recommendation from staff to open the half‑cent retailer sales‑tax account at Bank of Commerce.
Gabby Sands presented results from four of six proposals and recommended Bank of Commerce, citing an estimated return of roughly 3.5% (comparable to short-term U.S. Treasury rates), no monthly or platform…
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