HomeMy WebLinkAbout~Master - Addition of First Federal Savings Bank of Iowa to the approved list of depositories RESOLUTION NO. 99-1`)7
RESOLUTION NAMING DEPOSITORIES
RESOLVED, that the City of Ames, Iowa, in Story County, Iowa, approves the
following list of financial institutions to be depositories of the City of Ames funds
in conformance with all applicable provisions of Iowa Code Chapter 12C.2
(1993). The City Treasurer is hereby authorized to deposit the City of Ames
funds in amounts not to exceed the maximum approved for each respective
financial institution as set out below,
Maximum Maximum
Balance in Effect Balance in Effect
Under Prior Under This
Depository Name Location of Home Office Resolution Resolution
Firstar Bank Ames 405 Main, Ames, IA $ 22,000,000 $ 22,000,000
Brenton Savings Bank
of Ames 424 Main, Ames, IA 22,000,000 22,000,000
Norwest Bank 666 Walnut, Des Moines,
Iowa 22,000,000 22,000,000
Ames City Employees
Credit Union 107 High, Ames, IA 100,000 100,000
Bankers Trust 665 Locust, Des Moines,
IA 5,000,000 5,000,000
First National Bank 5 & Burnett, Ames, IA 22,000,000 22,000,000
River Valley Credit
Union 1 2811 E. 12", Ames, IA 100,000 100,000
F & M Bank 522 Broad Street, Story
City, IA (Home)
402 Lincoln Way, Ames,
IA Branch 22,000,000 22,000,000
First Federal Savings 825 Central Avenue, Fort
Bank Dodge, IA 50501 (Home)
107 Main Street, Ames, IA
Branch -0 22,000,000
CERTIFICATION. I hereby certify that the foregoing is a true and correct copy of
a resolution of the City Council of the City of Ames, Iowa, adopted at a meeting
of said public body, duly called and held on June 8, 1999
a quorum being present, as said resolution remains of record in the minutes of
said meeting, and it is now in full force and effect. Dated this 8th day of
June 1999
Ted Tedesco, Mayor Diane Voss, City Clerk
Mailing Address: Telephone:
City of Ames 515-239-5105
515 Clark Avenue
Ames, IA 50010