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FINANCIAL_SERVICESAPPROVED

Mayfield Independent School Board Minutes 2026-04-20

CFSB Selected as Bank of Depository

Mayfield Independent School DistrictCFSBApril 20, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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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
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Description

The board designated CFSB as the district’s Bank of Depository under specified interest rate parameters tied to the federal funds rate. This approval governs how school funds will be deposited and earn interest.

Contract Details

Vendor

CFSB

Agency

Mayfield Independent School District, KY

Contract Type

FINANCIAL_SERVICES

Document Date

April 20, 2026

Renewal Info

Approval establishes CFSB as the depository bank under an extension with defined floor and ceiling APY and rate formula; specific end date not stated.

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