ward_county_water_resource_board_minutes_october_2.pdf
Board Renews $500K CD With First Western Bank
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Description
The Ward County Water Resource Board approved renewing a $500,000 certificate of deposit with First Western Bank and Trust for three months at 4.00% interest. The renewal secures short‑term investment of Board funds as the prior CD matures on October 18, 2025.
Contract Details
Contract Amount
$500,000.00
Vendor
FIRST WESTERN BANK & TRUST
Agency
Ward County, ND
Contract Type
FINANCIAL_SERVICES
Document Date
October 13, 2025
Contract Term
Three months at 4.00% interest, starting October 18, 2025 (CD renewal)
Renewal Date
2026-01-18
Renewal Info
CD renewed for a three‑month term at 4.00% interest starting upon maturity on October 18, 2025. Future renewal options were not discussed.
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