Bingen City Council Minutes 2026-05-05
Council Renews CD Investment with Riverview Bank
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Description
The Bingen City Council authorized rolling a maturing certificate of deposit at Riverview Bank into a new 5‑month CD at a 3.75% interest rate. Administrator Loney will notify the bank manager to execute the investment when the current CD matures in June.
Contract Details
Vendor
RIVERVIEW BANK
Agency
City of Bingen, WA
Contract Type
FINANCIAL_SERVICES
Document Date
May 5, 2026
Contract Term
5-month certificate of deposit at 3.75% interest
Renewal Info
Existing certificate of deposit to be renewed into a new 5‑month CD at 3.75% when the current CD matures in June 2026.
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