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FINANCIAL_SERVICESREJECTED

City of Sedan Council Meeting Minutes April 2025

Elevate Bank CD bid not selected by council

City of SedanELEVATE BANKApril 15, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Elevate Bank submitted CD rate bids to the City of Sedan but was not selected. The council opted to move three existing CDs to Bank of Sedan at a higher 4.13% rate.

Contract Details

Vendor

ELEVATE BANK

Agency

City of Sedan, KS

Contract Type

FINANCIAL_SERVICES

Document Date

April 15, 2025

Contract Term

6-month CD at 4% and 1-year CD at 3.75% (offered, not selected)

Renewal Info

No contract awarded; bids only.

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