WHITTIER UNION HIGH SCHOOL DISTRICT Whittier, California AR 3454 DISTRICT BANK ACCOUNTS Admin Reg 2-15-62 Revised 6-30-92 Renumbered 2-8-11 The following bank accounts are authorized for use, as indicated, in keeping with other Board policies: Adult School Student Body Fund California Student Body Fund Frontier Student Body Fund La Serna Student Body Fund Pioneer Student Body Fund Santa Fe Student Body Fund Sierra Vista Student Body Fund Whittier Student Body Fund District Revolving Cash Account Cafeteria Account Clearing Account ASB Funds cash assets over $100,000 Health Benefits Trust Account(s) Workers' Compensation Trust Account

(Continued)

WHITTIER UNION HIGH SCHOOL DISTRICT Whittier, California

DISTRICT BANK ACCOUNTS (Continued)

In compliance with Education Code Sections 39892 and 41017, funds that are temporarily in excess of operational needs of the cafeteria and clearing accounts may be deposited in an interest bearing bank, savings and loan, or credit union account insured by the Federal Deposit Insurance Corporation. All accounts which have balances in excess of $100,000 for any portion of a fiscal year shall be maintained in pledged accounts.

AR 3454 District Bank Accounts.pdf

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