Central Valley Schools Health & Welfare Trust, Fresno, Calif., will...

Central Valley Schools Health & Welfare Trust, Fresno, Calif., will hire a custodial and commercial bank by the end of the year. The $200 million trust issued an RFP earlier this year, and proposals were accepted until last week. Current custodian Union Bank of California was invited to rebid, said Julia Chivers, CEO. The search is being conducted to find the best services and fees being offered, Ms. Chivers said.