Elevate Bank CD bid not selected by council
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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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