Board adopts resolution to extend depository contract with UBank

Apr 29, 2025

Trustees voted to adopt a resolution extending the district's agreement with UBank for another two‑year term, described on the record as the district's third and final two‑year extension before rebidding the depository in 2027.

The full story

An administrator presented a resolution to extend Huntington ISD's bank depository agreement with UBank, noting the district may rebid or extend the contract in two‑year increments. The presenter said the extension would be the district's "third and final two‑year extension," and recommended adopting the resolution because UBank provides satisfactory service and favorable rates.

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