FINANCIAL_SERVICESRENEWED

Dunn Trust CD Renewed at 3.5 Percent for Seven Months

The Sturgis Public Library renewed its Dunn Trust CD on October 6, 2025 at 3.5% for seven months, posting $7,528.69 in interest and bringing the balance to $349,898.85. This continues the library’s investment arrangement with its banking institution.

Status
RENEWED
Document date
October 29, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Interest - Update
Agency
City of Sturgis · SD

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WithersRavenel logo
Derivita logo
Comcate logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
$7,528.69
Contract type
FINANCIAL_SERVICES
Contract term
Renewed at 3.5% for 7 months on 10/6/2025
Renewal date
2026-05-06
Renewal
CD renewed on 10/6/2025 for 7 months at 3.5%, following a previous 7‑month renewal at 3.75% on 3/13/2025; interest periodically transferred to Dunn Trust savings in earlier term.
Document type
AgendaPacket
Source document
Sturgis Public Library AgendaPacket Library Board Meeting 2025-10-29

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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 Sturgis?

Interest - Update was awarded this financial services contract by City of Sturgis, as recorded on October 29, 2025. The contract value is $7,528.69.

How much is the Interest - Update contract with City of Sturgis worth?

The Interest - Update contract with City of Sturgis is valued at $7,528.69, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Sturgis Public Library AgendaPacket Library Board Meeting 2025-10-29 (AgendaPacket), dated October 29, 2025 from City of Sturgis. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Interest - Update hold?

Interest - Update 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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