Second Choice Bank CD Held by Grand Forks
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Description
City of Grand Forks also holds a $5.36 million 3.87% CD with Choice Bank maturing September 24, 2026. The investment is valued at par with over $106,000 in accrued interest at quarter-end.
Contract Details
Contract Amount
$5,360,152.34
Vendor
CHOICE BANK
Agency
City of Grand Forks, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
March 31, 2026
Contract Term
Settlement Date 9/25/2025; Maturity Date 9/24/2026 (approximately 12 months)
Renewal Date
2026-09-24
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