FINANCIAL_SERVICESONGOING

WCCIDA Opens $5.08M CD at Community Trust Bank

The WCCIDA opened a new $5.08 million, three-month certificate of deposit at Community Trust Bank at a 4.25% interest rate. The board also agreed that future CD issuers must insure balances above FDIC limits.

Status
ONGOING
Document date
June 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Community Trust Bank
Agency
City of Winchester · KY

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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

Scope & details

The full contract record, as filed.

Contract amount
$5,079,869.94
Contract type
FINANCIAL_SERVICES
Contract term
3 months at 4.25%
Renewal
CD has a 3‑month term; future renewals or rollovers were not specified but will require the issuer to insure balances above FDIC coverage limits per board consensus.
Document type
Minutes
Source document
Winchester-Clark County Industrial Development Authority Regular Meeting Minutes 2026-06-17

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Winchester?

Community Trust Bank was awarded this financial services contract by City of Winchester, as recorded on June 17, 2026. The contract value is $5,079,869.94.

How much is the Community Trust Bank contract with City of Winchester worth?

The Community Trust Bank contract with City of Winchester is valued at $5,079,869.94, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Winchester-Clark County Industrial Development Authority Regular Meeting Minutes 2026-06-17 (Minutes), dated June 17, 2026 from City of Winchester. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community Trust Bank hold?

Community Trust Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Community Trust Bank's profile

What is City of Winchester currently buying?

Explore City of Winchester's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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