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Buffalo County board approves pooled pledged collateral arrangement with FNBO
Summary
The board adopted Resolution 2025‑62 authorizing First National Bank of Omaha to hold Buffalo County deposits as pooled pledged security under Neb. Rev. Stat. Sec. 77‑2398 (LB 909). Members also approved small releases and deletions of pledged collateral at local banks. All votes were 6 Aye, 1 absent.
Vice‑Chairperson Bill D. Maendele presided as the Buffalo County Board of Commissioners approved a pooled pledged collateral arrangement with First National Bank of Omaha on Oct. 14, 2025.
Buffalo County Treasurer Brenda Rohrich presented the county’s options for securing public deposits. The board voted to adopt Resolution 2025‑62, which cites LB 909 and Neb. Rev. Stat. Sec. 77‑2398 and authorizes county…
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