Colfax decides to make cash deposits at Dairy State Bank
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By LeAnn R. Ralph
COLFAX — The Colfax Village Board has decided to make cash deposits to the village’s account at Dairy State Bank.
The village has a savings account at Dairy State Bank and a savings account and checking account at Bremer Bank, said Lynn Niggemann, village administrator-clerk-treasurer, at the Colfax Village Board’s September 23 meeting.
Bremer Bank will be closing the Colfax location in November, so the question is whether the village should use Dairy State Bank for cash deposits and then move money to the Bremer account to make payments, she said.
Sheila Riemer, deputy clerk treasurer, could travel to Menomonie with a bank bag to make deposits, Niggemann said.
Riemer would use her personal vehicle, and the village would pay her mileage, she said.
Niggemann said it would be her preference to use Dairy State Bank for the deposits.
Chad Berge, village trustee, said there would be a safety concern with the deputy clerk-treasurer carrying cash and going to the bank in Menomonie.
The amount of cash would not be thousands of dollars, but the village would have to pay mileage, Niggemann said.
Mark Halpin, village trustee, said he also did not like the idea of the deputy clerk-treasurer using her personal vehicle to conduct village business.
The village can always use the night drop to make deposits as well, if necessary, said Margaret Burcham, village trustee.
The Colfax Village Board unanimously approved a motion to keep the cash deposits at Dairy State Bank and to transfer money to Bremer when necessary.
Anne Jenson, village trustee, was absent from the meeting.