City of Gallatin Regular Meeting Minutes December 2025
City Invests $328,978.59 in 18-Month CD at BTC Bank
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Description
City officials approved relocating a $328,978.59 certificate of deposit to BTC Bank for 18 months at 3.81% interest. The contract includes authorized city signers.
Contract Details
Contract Amount
$328,978.59
Vendor
BTC BANK
Agency
City of Gallatin, MO
Contract Type
FINANCIAL_SERVICES
Document Date
December 8, 2025
Contract Term
18-month CD @ 3.81%
Renewal Date
2027-06-01
Renewal Info
Term is 18 months with no stated auto-renewal; renewal may be considered after maturity.
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