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Board names Nicolet Bank depository, authorizes payroll and check signatories
Summary
The board designated Nicolet Bank as the district depository, added Wells Fargo for payroll distribution, and authorized several administrators to sign checks and authorize electronic transfers.
The NICE Community School District Board voted to designate Nicolet Bank as the depository for school funds and to use Wells Fargo as an additional payroll direct deposit distribution bank. The motion, offered by Chad Korpi and supported by Scott Mann, carried during the Jan. 20 organizational meeting.
The board also approved authorization for administrators — including the Superintendent; Administrative Assistant for Finance; Payroll Clerk; principals and assistant principals; building secretaries; and the athletic director — to execute checks and authorize electronic transfers from respective school accounts as needed. That motion was made by Chad Korpi and supported by Derrick Magnuson.
