Bank Depository Services

2026-11-03

Banking Services a . Maintain proper records with cut - off at the end of each month for separate checking accounts required by the District which may include , but are not limited to : 1 . Primary Operating Account – Includes general deposits and transactions 2 . Food Service and Student Activity Accounts ( ZBA ) – Deposits are made to these accounts daily by food service and school personnel . Total in each account at close of day is automatically transferred from the ZBA ’ s to the Primary Operating account . 3 . Controlled Disbursement Account ( ZBA ) – from Primary Operating account 4 . Hillyard Credit Card Account ( ZBA ) – from Primary Operating account 5 . Debt Service Account – Activity consists primarily of interest from Buchanan County and from investments and transfers to or from the Primary Operating account . Typically there are no checks written on this account . 6 . Construction Account – Includes transactions from bond sales from District capital projects improvement program . Inactive at this time . 7 . Federal Funds Account ( ZBA ) – For receipt of certain Federal funds . From Primary Operating Account 8 . Health and Wellness Account - Activity consists of transactions related to the District ’ s self - funded insurance . b . Provide interest on account balances at a fixed or variable rate . c . By the third working day of each month , provide with the monthly statement by account , a listing of checks cleared in check number order and a check image online or on CD . Original deposit documents ( or image ) must also be included , and each deposit must appear on the bank statement by date deposited . Bank must supply a file of all checks cleared which the District can load into its financial software . d . On - line banking services ( internal transfers , wire transfers , ACH transactions , stop payments , balance lookup , detail deposit lookup , account reconciliation , direct deposit of payroll , etc .) including daily reports of all activity for each account . e . Positive Pay Plus on disbursement accounts ( check numbers , amounts , and payee names on presented checks are verified against file sent to bank when checks were issued ). f . ACH debit block

Missouri

2026-04-29