Snake River School Board of Trustees Minutes February 2026
Board Declines Renewal of CD with D.L. Evans Bank
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Description
Snake River School Board opted not to renew its approximately $1.15 million 12‑month CD with D.L. Evans Bank maturing March 19, 2026. The board will instead transfer the funds to the Idaho Local Government Investment Pool for greater flexibility.
Contract Details
Contract Amount
Approximately $1.15 million CD principal (earned about $40,000 interest at 4.35%)
Vendor
D.L. EVANS BANK
Agency
Snake River School District 52, ID
Contract Type
FINANCIAL_SERVICES
Document Date
February 18, 2026
Contract Term
Maturing 12-month CD ending March 19, 2026
Renewal Date
2026-03-19
Renewal Info
12‑month certificate of deposit was allowed to mature on March 19, 2026 without renewal; funds are to be moved to the LGIP.
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