Minneota Public Schools Regular Meeting Agenda Packet May 13 2026
District Adds Long-Term CD with Freedom Northwest CU
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Description
Minneota Public Schools purchased a $227,900 certificate of deposit with Freedom Northwest Credit Union, ID at 3.531%, maturing September 15, 2028, to invest 2023B taxable bond proceeds. This long-term CD is part of its MNTrust-managed portfolio.
Contract Details
Contract Amount
$227,900.00 CD principal
Vendor
FREEDOM NORTHWEST CREDIT UNION ID
Agency
Minneota Public School District, MN
Contract Type
FINANCIAL_SERVICES
Document Date
May 13, 2026
Contract Term
Trade and settle date 01/05/2026; maturity date 09/15/2028
Renewal Date
2028-09-15
Renewal Info
CD matures on September 15, 2028; continuation beyond that date would require separate investment action.
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Minneota Public Schools Regular Meeting Agenda Packet May 13 2026
Minneota Public Schools Regular Meeting Agenda Packet May 13 2026
Minneota Public Schools Regular Meeting Agenda Packet May 13 2026
Minneota Public Schools Regular Meeting Agenda Packet May 13 2026
Minneota Public Schools Regular Meeting Agenda Packet May 13 2026
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