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Floyd County board adopts resolution updating official depositories as Two Rivers becomes First Mid
Summary
The Floyd County Board of Supervisors approved Resolution #16-26 naming official depositories for 2026, added the County Auditor as an authorized official for deposit limits, and recorded that Two Rivers Bank & Trust will become First Mid Bank & Trust effective June 15, 2026. The measure passed by roll call vote, 3-0.
The Floyd County Board of Supervisors voted unanimously June 9 to adopt Resolution #16-26, which updates the county’s official depositories for 2026 and records maximum deposit amounts for offices including the Treasurer, Auditor, Sheriff and Recorder.
The resolution, approved by roll call with Supervisors Gloria Carr, Frank Rottinghaus and Boyd Campbell voting aye, also adds the County Auditor as an authorized signatory for specified deposit limits and notes that Two Rivers Bank & Trust will become First Mid Bank & Trust effective June 15, 2026. Auditor Morrigan Montagne presented the update to the board.
County documents filed with the Auditor’s office and on the county website list the full text of the resolution and the approved deposit limits. The board’s action formalizes the county’s banking arrangements for the remainder of the year and complies with deposit requirements referenced in Iowa Code, as noted in the resolution summary.
The board completed the vote without recorded opposition and did not attach additional conditions to the resolution.
