Pulaski County Board of Finance Votes to Keep Cash Management at First National Bank of Monterey

Pulaski County is sticking with First National Bank of Monterey for its cash management. The county’s board of finance officially approved the bank’s bid Monday, at the recommendation of Treasurer Teresa Bryant. “As usual with First National, they never charge us any fees for anything and give us the best interest rate,” she explained. “1st Source really stepped up their game, as far as offering more services as far as security, but unfortunately, they’d still charge us fees.”

Commissioner Mike McClure liked that First National Bank of Monterey is local. Bryant previously said the bank offered the county an interest rate of between two and three percent. A total of four banks submitted bids.