City Renews $2M in CDs at First Bank Kansas
City of McPhersonCity · McPherson, KS- Disclosed value
- Two $1,000,000 12‑month CDs renewed at 3.600%; total CDs $5,000,000.00
- From minutes
- Document date
- Apr 21, 2026
- Term
- 12 months for renewed CDs
The 30-second brief
McPherson renewed two $1 million 12‑month certificates of deposit with First Bank Kansas at a 3.600% interest rate, maintaining $5 million in CDs at the institution as of March 31, 2026. The renewals are part of the City's overall investment portfolio.
First Bank Kansas holds this financial services contract with City of McPherson. Its other public contracts on record include work for Salina Unified School District 305 and Abilene Independent School District.
Term as filed: 12 months for renewed CDs.
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Contract details
- Contract type
- Financial Services
- Amount
- Two $1,000,000 12‑month CDs renewed at 3.600%; total CDs $5,000,000.00
- Document date
- April 21, 2026
- Term
- 12 months for renewed CDs
- Vendor
- First Bank Kansas
- Agency
- City of McPherson
- Source document
- City of McPherson Commission Meeting Minutes April 2026 (Minutes)
First Bank Kansas's other public contracts
More City of McPherson contracts
Questions about this contract
Who was awarded the financial services contract by City of McPherson?
First Bank Kansas was awarded this financial services contract by City of McPherson, as recorded on April 21, 2026. The contract value is Two $1,000,000 12‑month CDs renewed at 3.600%; total CDs $5,000,000.00.
How much is the First Bank Kansas contract with City of McPherson worth?
The First Bank Kansas contract with City of McPherson is valued at Two $1,000,000 12‑month CDs renewed at 3.600%; total CDs $5,000,000.00, 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 City of McPherson Commission Meeting Minutes April 2026 (Minutes), dated April 21, 2026 from City of McPherson. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First Bank Kansas hold?
First Bank Kansas may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of McPherson currently buying?
Explore City of McPherson's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.