CONTRACTAPPROVED

City of Centralia Awards Financial Services Contract to Bank of Missouri (May 2026)

Disclosed value: three $50,000 CDs (total $150,000) plus renewal of existing CD; From agendapacket
Approved: May 11, 2026

What it covers

The Centralia Public Library Board approved placing $150,000 of reserve funds into laddered certificates of deposit with Bank of Missouri and authorized renewal of an existing CD. The action aims to improve investment returns while maintaining liquidity throughout the year.

Who holds it

Bank of Missouri holds this financial services contract with City of Centralia. Its other public contracts on record include work for Phelps County and Perry County.

What happens next

Term as filed: Laddered CDs maturing at multiple points throughout the year; one existing CD maturing in May 2026 to be renewed.

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Contract details

Contract type: Financial Services
Amount: three $50,000 CDs (total $150,000) plus renewal of existing CD
Document date: May 11, 2026
Term: Laddered CDs maturing at multiple points throughout the year; one existing CD maturing in May 2026 to be renewed
Vendor: Bank of Missouri
Agency: City of Centralia
Source document: City of Centralia General Government & Public Safety Committee Agenda Packet 2026-05-11 (AgendaPacket)

Bank of Missouri's other public contracts

Phelps County, MissouriPhelps County Reviews Bank of Missouri CD Bid · Sep 1, 2026Undisclosed Perry County, MissouriCounty Notes Fraud Training By Bank Of Missouri · Aug 6, 2026Undisclosed City of Centralia, MissouriLibrary to purchase laddered CDs from Bank of Missouri · May 11, 2026 12796 Manchester Road Tdd, MissouriConditional Use Permit Reissued to The Bank of Missouri · May 11, 2026Undisclosed City of Dixon, MissouriCity Reinvests $275K in 9-Month CD at Bank · May 11, 2026 All Bank of Missouri contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Centralia?

Bank of Missouri was awarded this financial services contract by City of Centralia, as recorded on May 11, 2026. The contract value is three $50,000 CDs (total $150,000) plus renewal of existing CD.

How much is the Bank of Missouri contract with City of Centralia worth?

The Bank of Missouri contract with City of Centralia is valued at three $50,000 CDs (total $150,000) plus renewal of existing CD, 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 City of Centralia General Government & Public Safety Committee Agenda Packet 2026-05-11 (AgendaPacket), dated May 11, 2026 from City of Centralia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bank of Missouri hold?

Bank of Missouri may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Centralia currently buying?

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

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