AAPS Briefed on Banks

As part of a briefing at its Aug. 15, 2012 meeting, a list of a dozen different financial institutions was presented to the Ann Arbor Public School board as compliant with the district’s investment policies.

Those institutions are Bank of America (Troy), Bank of Ann Arbor (Ann Arbor), Citizens Bank (Ann Arbor), Comerica Bank (Ann Arbor), Fifth Third Bank (Southfield), Flagstar Bank (Troy), JP Morgan Chase (Ann Arbor), MBIA of Ann Arbor (Ann Arbor), Michigan Commerce Bank (Ann Arbor), Michigan Liquid Asset Fund (Ronkonkoma, New York) TCF Bank (Ann Arbor) United Bank & Trust (Ann Arbor).

This brief was filed from the main conference room of the Balas Administration Building. A more detailed report of the meeting will follow: [link]