The city hereby designates as depository banks for all funds of the city, including all tax receipts, the following banks located in the city:
U.S. Bank, or its successor in interest, Rupert branch, Rupert, Idaho.
Wells Fargo, or its successor in interest, Rupert branch, Rupert, Idaho.
D.L. Evans Bank, Rupert branch, Rupert, Idaho. (Ord. 823, 4-9-2002)
In addition to the banks designated above, the city also designates First Federal Savings Bank (Rupert branch) as an official depository of the city of Rupert, subject to the limitations contained in section 50-1013(m) of the Idaho Code. The city officials who deposit funds to public depositories identified in this section shall make reasonable efforts to balance the deposits among the depositories designated in this section, including both the banks and the savings and loan association identified herein, but the deposits to the savings and loan association shall not exceed the limitations of section 50-1013(m) of the Idaho Code. (Ord. 696, 1-2-1990)