Pursuant to G.S. § 159-31(a), the following institutions are designated depositories for public funds of the city:
(A) Bank OZK, Asheboro, North Carolina.
(B) BB&T/Sun Trust, Asheboro, North Carolina.
(C) Capital Bank/First Tennessee Bank, Asheboro, North Carolina.
(D) First Bank, Asheboro, North Carolina.
(E) NC Capital Management Trust, Raleigh, North Carolina.
(F) Pinnacle Bank, Asheboro, North Carolina; and
(G) Wells Fargo, Asheboro, North Carolina.
(‘69 Code, § 21-7) (Ord., passed 3-4-65; Am. Ord., passed 1-10-74; Am. Ord., passed 1-11-79; Am. Ord., passed 2-20-86; Am. Ord., passed 5-24-89; Am. Ord. 07-94, passed 2-14-94; Am. Ord. 06 ORD 3-19, passed 3-7-19)