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Council approves ACH payments after bank presentation
Summary
Pinnacle Bank representative explained ACH benefits and a dual-control requirement; the council accepted the bank's proposal and authorized ACH payments from the city's account.
Hayden Holbrook of Pinnacle Bank presented the bank's ACH payment option and said the city's existing account structure would allow the service without additional fees. Holbrook also said the bank requires dual control and that an additional authorized user would need to be added for ACH transactions.
Mayor Pro Tem Chris Raines moved that the council accept Pinnacle Bank's proposal and authorize ACH payments; Councilmember Nate Butler seconded and the minutes record that "All approved." The minutes do not include a roll-call tally.
Council discussion focused on operational controls and the need for a second authorized user; no further implementation timeline was recorded in the meeting minutes.
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