city_council_minutes_october_27_2025.pdf
Council Moves $600K CD to Meade State Bank
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Description
The City Council approved transferring a $600,000 renewing certificate of deposit from Bank of the Plains to Meade State Bank for an 18‑month term at 3.50%. The CD move was unanimously authorized.
Contract Details
Contract Amount
$600,000.00
Vendor
MEADE STATE BANK
Agency
City of Meade, KS
Contract Type
FINANCIAL_SERVICES
Document Date
October 27, 2025
Contract Term
18 months @ 3.50%
Renewal Date
2027-04-27
Renewal Info
CD #5000002195 was renewed and transferred to Meade State Bank for an 18‑month term at 3.50%; future renewal options will be considered at term maturity.
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