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Treasurer says borough will switch banking to Washington Financial, citing PLGIT issues
Summary
Deemston Borough's treasurer reported plans to move accounts from PLGIT to Washington Financial during the Feb. 11, 2025 meeting, saying the change avoids in-person banking and retains check-scanning with no monthly cost.
During the Feb. 11 meeting the treasurer told the council the borough plans to switch banking from PLGIT to Washington Financial, citing difficulties with PLGIT. The treasurer noted the switch would preserve the borough's current check-scanning process and avoid routine trips to the bank, and that there would be no monthly scanning cost.
Council discussed budget and finance committee items including the 2024 audit and a uniform-allowance review. No vote amount or contract terms for the banking change were recorded in the minutes; the treasurer's report supplied the operational reasoning for the move.
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