FINANCIAL_SERVICESRENEWED

City Renews CDs with Gate City Bank

The Mohall City Council renewed two certificates of deposit with Gate City Bank for a three-month term at 4.05% interest effective August 20, 2025. The renewal maintains the city's short-term investment strategy with its existing banking partner.

Status
RENEWED
Document date
August 11, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Gate City Bank
Agency
City of Mohall · ND

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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
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 type
FINANCIAL_SERVICES
Contract term
3-month term at 4.05% interest beginning August 20, 2025
Renewal date
2025-11-20
Renewal
Two existing CDs were renewed at the same institution for an additional 3-month term at 4.05% interest starting August 20, 2025.
Document type
Minutes
Source document
city-of-mohall-city-council-meeting-minutes-august-11-2025_53c.md

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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 Mohall?

Gate City Bank was awarded this financial services contract by City of Mohall, as recorded on August 11, 2025.

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-mohall-city-council-meeting-minutes-august-11-2025_53c.md (Minutes), dated August 11, 2025 from City of Mohall. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Gate City Bank hold?

Gate City 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.

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What is City of Mohall currently buying?

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

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