Civic IQ
FINANCIAL_SERVICESRENEWED

Lowry City Regular Board of Aldermen Meeting Agenda 2026-06-16

City Renews $28,888 CD With Local Bank

$28,888 at 3.86% (6‑month certificate of deposit)City of LowryST. CLAIR COUNTY STATE BANKJune 16, 2026

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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

Description

Lowry City renewed a six‑month certificate of deposit with St. Clair County State Bank valued at $28,888 at an interest rate of 3.86%. The renewal maintains the city’s short‑term invested funds with the same bank at a slightly improved rate.

Contract Details

Contract Amount

$28,888 at 3.86% (6‑month certificate of deposit)

Vendor

ST. CLAIR COUNTY STATE BANK

Agency

City of Lowry, MO

Contract Type

FINANCIAL_SERVICES

Document Date

June 16, 2026

Contract Term

Six-month certificate of deposit renewed on May 23, 2026

Renewal Date

2026-11-23

Renewal Info

Six‑month CD renewed at 3.86% on or about May 23, 2026; principal remains $28,888 and will mature again in six months unless further renewed or redeemed.

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