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Laurens County board approves Morris Bank as county depository with Georgia Fund 1 + 0.26 basis points
Summary
At its May 19 meeting the Laurens County Board of Commissioners unanimously approved a Banking Services Bid awarded to Morris Bank, which offered the best rate at Georgia Fund 1 plus 0.26 basis points.
The Laurens County Board of Commissioners approved awarding county banking services to Morris Bank during its May 19, 2026 regular meeting.
Board members recorded in the minutes cited Morris Bank as the best bid, offering funds at "Georgia Fund 1 plus 0.26 basis points." Commissioner Trae Kemp moved to approve the Banking Services Bid; Commissioner Gerad Mathis seconded the motion and the board voted in favor.
The approval was recorded during routine business; the transcript does not include additional details about the contract length, implementation timeline or any alternative bids considered. The board took the action as a single motion on the agenda and did not attach conditions in the portion of the transcript provided.
