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Southmoreland SD Awards $1,205,307 Certificate Of Deposit Contract to First National Bank (January 2024)

Southmoreland SD logoSouthmoreland SD
Disclosed value
$1,205,306.89
From meeting minutes
Approved
Jan 16, 2024
Term
4 months

The 30-second brief

What it covers

The board approved investing $1,205,306.89 of Capital funds in collateralized Certificates of Deposit in First National Bank for 4 months at a rate of 5.10%.

Who holds it

First National Bank holds this certificate of deposit contract with Southmoreland SD. Its other public contracts on record include work for Kalamazoo Library District and City of Keiser.

What happens next

Term as filed: 4 months.

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Contract details

Contract type
Certificate Of Deposit
Amount
$1,205,306.89
Document date
January 16, 2024
Term
4 months
Vendor
First National Bank
Agency
Southmoreland SD
Source document
southmoreland-sd-meeting-minutes-2024-01-16_452.txt (Meeting Minutes)

First National Bank's other public contracts

Kalamazoo Library District, MichiganLibrary Maintains Investment Accounts With First National · Oct 23, 2026UndisclosedCity of Keiser, ArkansasKeiser Discusses First National Bank Banking Proposal · Oct 19, 2026UndisclosedPender Public Schools, NebraskaPender Approves First National Bank Payment · Oct 19, 2026$7.2KSouth Dakota Minerals and Environment Board | State of South Dakota, South DakotaFirst National Bank Surety Released for Harold Orr · Oct 15, 2026$1KSouth Dakota Minerals and Environment Board | State of South Dakota, South DakotaFirst National Bank Surety Released for Mining Site · Oct 15, 2026$1KAll First National Bank contractsVendor profile

More Southmoreland SD contracts

Central Westmoreland Career & Technology Center (Cwctc)STEM Satellite Program Agreement Recommended with CWCTC · Oct 14, 2026UndisclosedAdelphoi Village IncStudent Service Agreement Recommended for Adelphoi Village · Oct 14, 2026UndisclosedPENNSSISouthmoreland Discusses PennSSI Security Training Facility · Oct 13, 2026UndisclosedINNERSIGHTSouthmoreland Reviews Innersight Mental Health Services · Oct 13, 2026UndisclosedCLEARSouthmoreland Discusses CLEAR Residency Verification Program · Oct 13, 2026UndisclosedAll Southmoreland SD activityAgency profile

Questions about this contract

Who was awarded the certificate of deposit contract by Southmoreland SD?

First National Bank was awarded this certificate of deposit contract by Southmoreland SD, as recorded on January 16, 2024. The contract value is $1,205,306.89.

How much is the First National Bank contract with Southmoreland SD worth?

The First National Bank contract with Southmoreland SD is valued at $1,205,306.89, covering certificate of deposit work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in southmoreland-sd-meeting-minutes-2024-01-16_452.txt (Meeting Minutes), dated January 16, 2024 from Southmoreland SD. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First National Bank hold?

First 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.

What is Southmoreland SD currently buying?

Explore Southmoreland SD's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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