City Plans 5-Month CD Renewal with Forcht Bank

Crittenden plans to renew its certificate of deposit for 5 months with Forcht Bank upon maturity in May 2026, contingent on prevailing interest rates. The city council supported keeping these funds invested locally.

Document date · April 14, 2026

Track City of Crittenden contracts

Get alerts when new contracts are awarded or existing ones approach renewal at City of Crittenden.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

5 months

Renewal date

2026-10-31

Renewal

Renewal contingent on interest rate stability; current CD matures May 2026.

Document type

Minutes

Source document

City of Crittenden City Council Meeting Minutes 2026-04-14

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Crittenden?

Forcht Bank was awarded this financial services contract by City of Crittenden, as recorded on April 14, 2026.

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 City of Crittenden City Council Meeting Minutes 2026-04-14 (Minutes), dated April 14, 2026 from City of Crittenden. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Forcht Bank hold?

Forcht 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.

View Forcht Bank's profile

What is City of Crittenden currently buying?

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

View City of Crittenden's profile