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Krotz Springs renews $150k CDs at American Bank

Town of Krotz Springs
Disclosed value
$150,000.00
From minutes
Document date
Jun 25, 2025

The 30-second brief

What it covers

The Town of Krotz Springs is renewing two Certificates of Deposit (CDs) with American Bank, totaling $150,000, at a 4% interest rate. This action reflects the town's financial management strategy.

Who holds it

American Bank holds this investment contract with Town of Krotz Springs. Its other public contracts on record include work for Reading Housing Authority and Salisbury Township SD.

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Contract details

Contract type
Investment
Amount
$150,000.00
Document date
June 25, 2025
Term
NA
Vendor
American Bank
Agency
Town of Krotz Springs
Source document
town-of-krotz-springs-special-meeting-minutes-june-25-2025_898.pdf (Minutes)

American Bank's other public contracts

Reading Housing Authority, PennsylvaniaAmerican Bank Loan Planned for River Oak Renovations · Sep 20, 2026UndisclosedSalisbury Township SD, PennsylvaniaCollege Renews $3 Million CD With American Bank · Sep 3, 2026Lehigh Carbon Community College, PennsylvaniaCollege Renews $3 Million CD with American Bank · Sep 3, 2026Reading Housing Authority, PennsylvaniaCommercial Mortgage from American Bank for Renovations · Aug 25, 2026UndisclosedRochester CUSD 3A, IllinoisDistrict Considers Depository Shift To American Bank · Aug 19, 2026UndisclosedAll American Bank contractsVendor profile

More Town of Krotz Springs contracts

St. Landry Parish Solid Waste Disposal DistrictKrotz Springs Approves Equipment Donation From Solid Waste District · Sep 8, 2026UndisclosedAndrew Fence CompanyFence contractor to install school access gate · Jun 24, 2026UndisclosedDana Quebedeaux Cpa John S DowlingTown to discuss services of CPA firm · Jun 9, 2026UndisclosedVeteran’s AffairsTown Approves Cooperative Agreement With Veteran’s Affairs · May 12, 2026UndisclosedGreene, Dr.Town Renews Two-Year Lease with Dr. Greene · Apr 14, 2026UndisclosedAll Town of Krotz Springs activityAgency profile

Questions about this contract

Who was awarded the investment contract by Town of Krotz Springs?

American Bank was awarded this investment contract by Town of Krotz Springs, as recorded on June 25, 2025. The contract value is $150,000.00.

How much is the American Bank contract with Town of Krotz Springs worth?

The American Bank contract with Town of Krotz Springs is valued at $150,000.00, covering investment work.

What type of contract is this?

This is a Investment contract, documented as a minutes record.

Where was this contract approved?

This contract appears in town-of-krotz-springs-special-meeting-minutes-june-25-2025_898.pdf (Minutes), dated June 25, 2025 from Town of Krotz Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does American Bank hold?

American Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Krotz Springs currently buying?

Explore Town of Krotz Springs's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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