Big Stone County adopts resolution designating depositories, authorizes investments under state law
The Board adopted Resolution 2026-01 naming banks and investment managers as county depositories and authorized the Finance & Government Services Director to make investments under M.S. §118A.01–118A.06.
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The Big Stone County Board unanimously adopted Resolution 2026-01 on Jan. 6, 2026, designating Minnwest Bank of Ortonville, CenBank of Ortonville, Frandsen Bank & Trust of Clinton, First Independent Bank of Beardsley, Star Bank of Graceville, the MAGIC Fund (managed by PFM Asset Management), BNY Mellon/Pershing Advisor Solutions/Ehlers Investment Partners and US Bank/Moreton Capital Markets as official depositories and authorized brokers and investment holders.
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