City CD Investment with CBR Matures in 2026
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Description
The City of Raymore holds a $743,561.42 certificate of deposit in Fund 50 through CBR at a 3.8% yield, maturing August 25, 2026. This CD contributes to the city's diversified investment portfolio.
Contract Details
Contract Amount
$743,561.42
Vendor
CBR
Agency
City of Raymore, MO
Contract Type
FINANCIAL_SERVICES
Document Date
August 31, 2025
Contract Term
Purchase date 08/14/2019; matures 08/25/2026
Renewal Date
2026-08-25
Renewal Info
Certificate of deposit matures on 2026-08-25; city may roll over or redeem at maturity.
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