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Pennfield Board approves banks, signatories and financial authorizations; one abstention recorded
Summary
The board designated Huntington Bank and Southwest Michigan Bank & Trust as depositories, authorized disbursement and signatory authorities, and named Angena Schwartz as Electronic Transfer Officer; the depository motion passed 6-0-1 (Austin Brown abstained with conflict).
At the Jan. 13 organizational meeting, the Pennfield Schools Board approved key financial designations and authorizations for 2026. The board designated Huntington Bank and Southwest Michigan Bank & Trust as official district depositories; that motion passed with six yeas and one abstention (Austin Brown recorded an abstain with conflict).
The board also authorized disbursement authority for Superintendent Stephanie Lemmer, Director of Finance Angena Schwartz, Treasurer Tim Wood, Secretary Sarah Jones, and President Dawn Forton. Angena Schwartz was approved as the district's Electronic Transfer Officer and as the signatory for purchase orders. The motions and roll-call votes for these items were recorded as carried, generally unanimous where noted in the minutes.
Additionally, the board authorized Superintendent Lemmer and Angena Schwartz to act as signatories for investments on behalf of the district and approved bank-account signatories; those motions carried by recorded votes. The minutes list individual votes for transparency in the public record.
