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School board authorizes Business Manager to initiate electronic transfers with four financial institutions
Summary
The Litchfield board authorized Business Manager Jesse Johnson to initiate electronic bank transfers for ISD#465 with MN Trust (PMA Financial Network), Wells Fargo, MSDLAF and Center National Bank; motion passed 5-0.
Litchfield — The school board voted July 28 to authorize Business Manager Jesse Johnson to initiate electronic bank transfers on behalf of ISD #465 with MN Trust (PMA Financial Network), Wells Fargo, the Minnesota School District Liquid Asset Fund (MSDLAF) and Center National Bank.
The action, moved by Provencher and seconded by Oster, passed unanimously. The authorization centralizes electronic transfer authority with the business office to facilitate district banking operations.
