Rogers Water Utilities Commission Meeting Agenda February 2026
Arvest Holds $1.43M Meter Deposit CDARS for RWU
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Description
Rogers Water Utilities invested $1.43 million of meter deposit funds in a one-year CDARS at Arvest at 3.970% interest, maturing October 1, 2026. The deposit is fully FDIC-insured.
Contract Details
Contract Amount
$1,428,707.66
Vendor
ARVEST
Agency
City of Rogers, AR
Contract Type
FINANCIAL_SERVICES
Document Date
February 17, 2026
Contract Term
10/1/2025 – 10/1/2026
Renewal Date
2026-10-01
Renewal Info
One-year meter deposit CDARS maturing 2026-10-01; renewal decision pending closer to maturity.
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