City of Anthony Agenda Packet 2026-06-02
Electric Reserve Fund CDAR Approved with Bank of the Plains
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Description
Anthony City Commission approved the reinvestment of $100,000 from the Electric Reserve Fund into a CDAR with Bank of the Plains for 24 months at 3.88%.
Contract Details
Contract Amount
$100,000
Vendor
BANK OF THE PLAINS
Agency
City of Anthony, KS
Contract Type
FINANCIAL_SERVICES
Document Date
June 2, 2026
Contract Term
24 months @ 3.88%
Renewal Date
2028-06-02
Renewal Info
Reinvestment matures in 24 months. Early withdrawal subject to interest penalty.
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