THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Title 19 of The Philadelphia Code is hereby amended to read as follows:
TITLE 19. FINANCE, TAXES AND COLLECTIONS
CHAPTER 19-200. CITY FUNDS - DEPOSITS, INVESTMENTS, DISBURSEMENTS
§ 19-201. City Depositories.
(1)
Pursuant to the provisions of Section 6-300 of the Charter, the City Treasurer is authorized to deposit City funds in the following banks or institutions:
(a) Wells Fargo Bank, N.A.;
(b) PNC Bank, N.A.;
(c) United Bank of Philadelphia;
(d) TD Bank, National Association;
(e) Citizens Bank;
(f) Bank of America;
(g) [Republic First Bank;
(h) Citibank, N.A.;
(i)] Bank of New York Mellon;
[(j)]
(h)
U.S. Bank;
[(k)]
(i)
Fulton Bank, N.A.;
[(
l
)]
(j)
JPMorgan Chase Bank, N.A.;
[(m)]
(k)
Santander Bank, N.A.
SECTION 2. This Ordinance shall take effect immediately.
End