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S-218 - 03/09/1971 - ELECTIONS - Ordinances — Nov.- ti.. 3S'.L-Luk .3: ORDINANCE NO. AN ORDINANCE REPEALING ORDINANCE NO. S-91 AND DESIGNATING CERTAIN DEPOSITORIES FOR MUNICIPAL FUNDS OF THE VILLAGE OF OAK BROOK, DU PAGE COUNTY, ILLINOIS BE IT ORDAINED by the President and Board of Trustees of the Village of Oak Brook, DuPage County, Illinois , as follows : Section 1. That Ordinance No. S-91, being an ordinance designating certain depositories for municipal funds of the Village of Oak Brook, DuPage County, Illinois , as amended, be and it is hereby repealed. Section 2 . That the following Savings and Loan Associations and Banks be, and they are, hereby designated depositories of funds for the Village of Oak Brook, DuPage County, Illinois : Addison Township Savings & Loan Association Lincoln Federal Savings and Loan Association Olympic Savings and Loan Association lst Savings of Downers Grove Elmhurst Federal Savings and Loan Association Reserve Savings and Loan Association Glen Ellyn Savings and Loan Association Hinsdale Federal Savings and Loan Association Itasca Savings and Loan Association lst Savings of LaGrange Park LaGrange Federal Savings and Loan Association Lisle Savings and Loan Association lst Savings and Loan Association of Lombard Naperville Savings and Loan Association Illinois Savings and Loan Association West Chicago Savings and Loan Association Central DuPage Federal Savings & Loan Association Talman Savings and Loan Association lst Federal Savings and Loan Association General Federal Savings and Loan Association (Mid-America) Ben Franklin Savings and Loan Association Brookfield Federal Savings & Loan .Association Bell Federal Savings & Loan Association. Clyde Savings & Loan Association Geneva Savings & Loan Association Hanover-Wayne Savings & Loan Association Hawthorne Club Savings & Loan Association St . Paul Federal Savings & Loan Association of Chicago Warrenville Savings & Loan Association Westchester Savings & Loan Association Bank of Oak Brook lst National Bank of Hinsdale Bank of Clarendon Hills Edgewood Bank lst National Bank of Western Springs Downers Grove National Bank Bank of Hinsdale First National Bank of Chicago York State Bank Elmhurst National Bank Broadview-Westchester State Bank Gary-Wheaton Bank Citizens Bank & Txustr'.,:Park Aidge Suburban Trust & Savings Bank?. Oak dark Beverly Bank Pontiac National .Bank. Pontiac Continerital 'Tllinois National Bank Harris Trust and Savings Bank Merchantile National Bank Bank of Westmont Bank of Yorktown Secti'ori 3. That whenever possible and feasible deposits in any institution shall be made only to the extent that they are fully in- sured, and the Treasurer and Village Clerk `are directed to make deposits at the most favorable interest rate available consistent with the provisions of this ordinance. Section 4. That this ordinance shall take effect and be in full force Trom and--after its passage and publication as by statute in such case made and provided. PASSED and APPROVED by. the `President and..Board of Trustees of the Village of Oak Brook this A.fii,' ' day of Marcr . . . . . . . . . . 1971. APPROVED: S. Sa' e Dea President ATTEST Village Clerk AYES: 6 . . . . NAYS:. . . 0 . . . . . . , ABSENTt. . . . l . , F