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County designates seven banks as approved depositories under state statute
Summary
Treasurer Katie Araas presented and the board unanimously adopted Resolution 26-03-036, designating seven financial institutions as approved depositories for county funds under "Wyoming Statute 94-818."
Sheridan County Treasurer Katie Araas asked the board to adopt Resolution 26-03-036, listing seven financial institutions that applied as authorized county depositories under "Wyoming Statute 94-818." Araas said the county reviews and adopts the resolution annually.
Commissioner Nick Siddle moved to adopt the resolution designating First Bank of Wyoming (Division of Glacier Bank), First Federal Bank & Trust, First Interstate Bank, First Northern Bank of Wyoming, Security State Bank, U.S. Bank, N.A., and Wells Fargo Bank, N.A. The motion passed unanimously.
The minutes record the names of the seven institutions but do not include collateral or deposit limit details in the published minutes.
