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Board designates Minneapolis Savings Bank as recorder's depository for FY2027
Summary
The board approved designating Minneapolis Savings Bank as the official depository for the Recorder of Deeds, Registrar and Vital Statistics for July 1, 2026–June 30, 2027, with a maximum deposit of $200,000, submitted under Iowa Code Chapter 12C.2.
The Des Moines County Board of Supervisors approved a motion designating Minneapolis Savings Bank as the official depository for the Recorder of Deeds, Registrar and Vital Statistics for the fiscal year beginning July 1, 2026 and ending June 30, 2027.
The chair read the designation on the record: "I hereby designate the Minneapolis Savings Bank as the official depository for the funds of the office of the New York County Recorder of Deeds, Registrar, and of Bridal Statistics." The board recorded the maximum deposit amount at $200,000 and noted the submission was made in accordance with Chapter 12C.2 of the Iowa Code. Supervisors voted in the affirmative and the designation will be filed with the auditor's office as required by statute.
No conditions or dissent were recorded during the vote; staff said the filing is a routine yearly compliance step for custodial banking arrangements.
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