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Board raises ACH transfer limit to $500,000 to support cash management
Summary
Iron County approved Resolution 2026‑4092 to increase the ACH transfer limit from $200,000 to $500,000 and authorized the Chair, Clerk and Treasurer to execute bank documentation; the measure passed unanimously.
The Iron County Board voted to raise the county’s ACH transfer limit from $200,000 to $500,000 to facilitate timely fund transfers between accounts such as Chippewa Valley Bank and the Local Government Investment Pool (LGIP). The resolution authorizes the County Board Chair (Larry Youngs), Clerk (Christan Brandt) and Treasurer (Clara Maki) to execute any required documentation with the bank.
Supervisor Snyder moved approval; Supervisor Haeger seconded. The motion carried unanimously. The action was presented as an operational step to support cash management and payment execution; an addendum letter to the bank was referenced in the record.
