CFSB Selected as Bank of Depository
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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.
More from CFSB
More from Mayfield Independent School District
Mayfield Independent Schools Board of Education Agenda 2026-05-18
Mayfield Independent Schools Board of Education Agenda 2026-05-18
Mayfield Independent Schools Board of Education Agenda 2026-05-18
Mayfield Independent Schools Board of Education Agenda 2026-05-18
Mayfield Independent Schools Board of Education Agenda 2026-05-18
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