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Argo council discusses moving city accounts to Metro Bank
Summary
At a June 23, 2026 work session, Argo city leaders discussed moving municipal bank accounts to Metro Bank, citing higher interest rates, CDs/money-market options, and remote-deposit capability; the minutes record discussion but no formal vote.
The City Council for the City of Argo discussed a proposal to move the citys bank accounts to Metro Bank during a work session recorded in the meeting minutes dated June 23, 2026. The minutes say the mayor and council "discussed the benefits of moving the city bank accounts to Metro Bank, including better interest rates, CDs/money market accounts, and the ability to deposit checks in-house with a remote scanner." The record does not show any motion or vote during the work session.
Roll call listed Councilperson Dennis Griffin as absent; Councilpersons Thomas Suggs, Rick Hopkins and Mike King, Mayor Pro-Tem Corky Massey and Mayor Randy Hettich were listed. The minutes do not record who proposed the bank change, specific comparative rates, account balances, or any timeline for a final decision. The document also contains a date discrepancy: the header lists the meeting as June 23, 2026, while the body text states the council "met on Monday, May 18, 2026." The minutes were submitted by Pondy Hattel and approved by Mayor Randy Hettich with Tabitha Hanner noted as assistant clerk.
