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Laurens County awards banking services to Morris Bank at Georgia Fund 1 + 0.26 basis points
Summary
The board accepted Morris Bank's bid for county banking services, recorded in the transcript as "Morris Bank had the best bid at Georgia Fund 1 plus 0.26 basis points." The motion was moved by Commissioner Trae Kemp, seconded by Commissioner Gerad Mathis, and passed unanimously.
The Laurens County Board of Commissioners voted May 19, 2026, to award the county's banking services contract to Morris Bank. The meeting record states, "Morris Bank had the best bid at Georgia Fund 1 plus 0.26 basis points." Commissioner Trae Kemp moved to approve the Banking Services Bid; Commissioner Gerad Mathis seconded and the motion passed with all commissioners voting in favor.
The board did not record competing bid details in the segment available in the transcript; the action formalizes a procurement decision for county depository services and sets the county’s rate basis as the Georgia Fund 1 rate plus 0.26 basis points as listed in the meeting record.
