investment_oversight_committee_agenda_december_202.pdf
City Maintains $5M CD with Greenstate Credit Union
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Description
The City of Marion maintains a $5 million, 1-year certificate of deposit with Greenstate Credit Union at a 4.15% rate as part of its May 2025 CD portfolio. This investment forms a component of the City's broader cash and investment management strategy.
Contract Details
Contract Amount
$5M
Vendor
GREENSTATE CREDIT UNION
Agency
City of Marion, AR
Contract Type
FINANCIAL_SERVICES
Document Date
December 2, 2025
Contract Term
1-Year CD, placed May 2025
Renewal Info
1-year CD initiated May 2025; renewal or rollover terms are not specified in the minutes and would depend on City investment decisions at maturity.
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