downs-housing-authoritymeeting-minutes2023-10-16_486.pdf
City Opens Certificate of Deposit with State Bank of Downs
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Description
The City Council approved opening a 13-month certificate of deposit with State Bank of Downs at 5.15% interest, transferring funds from the money market account.
Contract Details
Vendor
STATE BANK OF DOWNS
Agency
Downs Housing Authority, KS
Contract Type
FINANCIAL_SERVICES
Document Date
October 16, 2023
Contract Term
13-month certificate of deposit
Renewal Date
2024-11-16
Renewal Info
Matures after 13 months; renewal options per bank terms.
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