CONTRACTDISCUSSED

Town Discusses CD Investment Plan With Community Bank

Document date: Sep 3, 2025

What it covers

Ellendale officials met with their community bank to discuss moving excess municipal funds from low-interest accounts into multiple 7‑month CDs at 4.25% interest, with waived early withdrawal penalties and extended insurance coverage. The town solicitor recommended delaying any formal investment decision until it appears on a future agenda for public input.

Who holds it

Community Bank holds this financial services contract with Town of Ellendale. Its other public contracts on record include work for city of Fulton and Liberal Unified School District 480.

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Contract details

Contract type: Financial Services
Document date: September 3, 2025
Vendor: Community Bank
Agency: Town of Ellendale
Source document: ellendale_town_council_minutes_september_3_2025.pdf (Minutes)

Community Bank's other public contracts

city of Fulton, New YorkFulton Authorizes Community Bank City Credit Card · Oct 20, 2026Undisclosed Liberal Unified School District 480, KansasUSD 480 Recommends Community Bank Donation · Oct 12, 2026$100 city of Fulton, New YorkFulton Authorizes Community Bank City Credit Card · Oct 6, 2026Undisclosed Marble Valley Regional Transit District, VermontMVRTD Transfers Banking Balance to Community Bank · Oct 6, 2026 City of Fulton, New YorkFulton Authorizes Community Bank City Credit Card · Oct 4, 2026Undisclosed All Community Bank contractsVendor profile

More Town of Ellendale contracts

Iq FiberEllendale Council to Discuss IQ Fiber MOU Agreement · Oct 4, 2026Undisclosed Iq FiberCouncil To Consider MOU With IQ Fiber · Sep 1, 2026Undisclosed Iq FiberCouncil to Consider MOU with IQ Fiber · Aug 5, 2026Undisclosed Bw ElectricCouncil To Consider Quote From BW Electric · May 6, 2026Undisclosed Edmunds SoftwareCouncil Considers Purchase of Edmunds Software · Apr 1, 2026Undisclosed All Town of Ellendale activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Town of Ellendale?

Community Bank was awarded this financial services contract by Town of Ellendale, as recorded on September 3, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in ellendale_town_council_minutes_september_3_2025.pdf (Minutes), dated September 3, 2025 from Town of Ellendale. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community Bank hold?

Community Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of Ellendale currently buying?

Explore Town of Ellendale's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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