Flatonis ISD Regular Meeting Minutes 2026-04-13
District Shifts Nine CDs to Fayette Saving Bank
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Description
Flatonia ISD’s Board approved the Quarterly Investment Report, which included moving nine matured certificates of deposit into 6‑month CDs at Fayette Saving Bank at a 3.75% interest rate. The action supports the district’s short-term investment and cash management strategy while funding ongoing operations and construction.
Contract Details
Vendor
FAYETTE SAVING BANK
Agency
Flatonia Isd, TX
Contract Type
FINANCIAL_SERVICES
Document Date
April 13, 2026
Contract Term
6-month Certificate of Deposit (CD) term, initiated Q1 2026
Renewal Info
CDs are placed on a 6‑month term and will be subject to renewal or reinvestment decisions upon maturity.
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