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Muscatine County adds Wilton State Bank to list of depositories
Summary
Supervisors approved resolution 03-02-26-02 to add Wilton State Bank (now owned by DeWitt Bank & Trust) to the county's list of depositories so it may participate in CD bidding; the change passed by roll call 5-0.
The Muscatine County Board of Supervisors approved a naming resolution on March 2 to add Wilton State Bank (identified in the meeting as now owned by DeWitt Bank & Trust) to the county's roster of depositories, allowing the bank to participate in certificate-of-deposit bidding for county funds.
Treasurer and staff explained the change was prompted by the bank president's move to Wilton State Bank and the acquisition by DeWitt Bank & Trust; the update was characterized as the only change to the depository list. The board approved the resolution by roll call vote 5-0.
Officials recorded no further discussion or conditions attached to the addition.
