Independent School District No. 2689 Treasurer's Report April 2026
District Maintains CD With Cornerstone Bank NE
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Description
The district maintains a $231,100.00 certificate of deposit with Cornerstone Bank NE at 4.178% interest, maturing January 22, 2027. This CD remains part of the district’s active investment portfolio.
Contract Details
Contract Amount
$231,100.00
Vendor
CORNERSTONE BANK NE
Agency
Pipestone Area School District, MN
Contract Type
FINANCIAL_SERVICES
Document Date
April 30, 2026
Contract Term
February 11, 2025 – January 22, 2027 (710 days)
Renewal Date
2027-01-22
Renewal Info
Certificate of deposit #1373974-1 matures on 2027-01-22; district may renew or reallocate funds at maturity under its investment policy.
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