Civic IQ
FINANCIAL_SERVICESAPPROVED

City of Baldwin City Council Meeting Minutes April 2026

City Awards Two-Year CD to Mid America Bank

Interest rate 4.05% for two-year CDCity of BaldwinMID AMERICA BANKApril 7, 2026

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Description

Baldwin City Council approved renewing a city certificate of deposit with Mid America Bank at a 4.05% interest rate for two years. The selection followed a competitive bid among three local banks and passed unanimously.

Contract Details

Contract Amount

Interest rate 4.05% for two-year CD

Vendor

MID AMERICA BANK

Agency

City of Baldwin, KS

Contract Type

FINANCIAL_SERVICES

Document Date

April 7, 2026

Contract Term

Two-year certificate of deposit

Renewal Info

CD renewed for a two-year term at 4.05% interest with Mid America Bank after competitive bids from Baldwin State Bank and Kansas State Bank.

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