Garden City Community College Board of Trustees Agenda December 2025
Security State Bank Receives CD and Construction Trades Naming Rights
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Description
Garden City Community College placed a $700,000 investment at Security State Bank, and accepted a two-year naming rights agreement for the Construction Trades building tied to a substantial philanthropic pledge.
Contract Details
Contract Amount
$700,000.00
Vendor
SECURITY STATE BANK
Agency
Garden City Community College, KS
Contract Type
FINANCIAL_SERVICES
Document Date
December 15, 2025
Contract Term
8/20/2025 - 8/20/2026
Renewal Date
2026-08-20
Renewal Info
Security State Bank agreed to a 2-year payment agreement for naming rights on the Construction Trades building, with 50% paid and 50% due in 2026. The CD investment matures in one year from 8/20/2025.
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