AAPS OKs Financial Institutions

A dozen different financial institutions have been approved as compliant with the district’s investment policies by the Ann Arbor Public Schools. The approval came  in a routine action of the board at its Sept. 5, 2012 meeting.

On the list of approved 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 shortly after the meeting concluded. A more detailed report of the meeting will follow: [link]