Independent School District No. 2689 Treasurer's Report March 2026
District CD Placed with Cornerstone Bank NE
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Description
Independent School District No. 2689 invested $231,100 in a 710-day certificate of deposit with Cornerstone Bank NE at 4.178%, maturing January 22, 2027. This CD is reported as part of the March 2026 treasury holdings.
Contract Details
Contract Amount
$231,100.00
Vendor
CORNERSTONE BANK NE
Agency
Pipestone Area School District, MN
Contract Type
FINANCIAL_SERVICES
Document Date
March 31, 2026
Contract Term
February 11, 2025 to January 22, 2027 (710 days)
Renewal Date
2027-01-22
Renewal Info
CD matures on 2027-01-22 after a 710-day term; renewal or rollover provisions are not detailed.
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