Certificate of Depositpending

City invests $10,000 in American National Bank CD

The council will deliberate and approve the investment of $10,000 from the City of Cottonwood Restrictive Account into an 11-month Certificate of Deposit (CD) with American National Bank, at the current available interest rate. The funds shall remain in the CD until maturity, unless an emergency withdrawal is authorized by a formal vote of the council.

Document date · August 4, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$10,000
Contract type
Certificate of Deposit
Contract term
11 months
Document type
Agenda
Source document
city-of-cottonwood-city-council-meeting-agenda-august-4-2025_ec8.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the certificate of deposit contract by City of Cottonwood?

American National Bank was awarded this certificate of deposit contract by City of Cottonwood, as recorded on August 4, 2025. The contract value is $10,000.

How much is the American National Bank contract with City of Cottonwood worth?

The American National Bank contract with City of Cottonwood is valued at $10,000, covering certificate of deposit work.

What type of contract is this?

This is a Certificate Of Deposit contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-cottonwood-city-council-meeting-agenda-august-4-2025_ec8.pdf (Agenda), dated August 4, 2025 from City of Cottonwood. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does American National Bank hold?

American National 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.

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