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Sarpy County approves pledge securities for Access Bank; commissioners question adding new banks
Summary
County commissioners approved Resolution 160 to accept pledge securities for Access Bank. Commissioners raised questions about why the county’s bank list remains at seven institutions and heard the treasurer say the county currently has no need to add more and prefers Sarpy County–based banks.
The Sarpy County Board of Commissioners on June 9 approved Resolution 160 to accept pledged securities for treasury deposits with Access Bank after a brief discussion about whether the county should expand its list of authorized banks.
A commissioner asked whether the county was adding new banks to the list. The county treasurer, identified in the record as Jeff (county treasurer), said the county currently works with seven banks and that staff did not see an additional need at this time. The treasurer said the county prefers to support Sarpy County–based banks and would consider a bank that opens a local office in the county.
A commissioner said it felt unfair to outside banks not included on the list; the transcript records that some bankers had been told they were not being added. The treasurer responded that he was not aware of any Sarpy County–based institution recently requesting inclusion.
After that exchange the board voted to approve Resolution 160. The transcript shows the motion passed but does not include a roll-call tally or recorded individual votes.
