Independent School District No. 2689 Treasurer's Report April 2026
School District CD Held With First Capital Bank SC
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Description
Independent School District No. 2689 holds a $234,800.00, 21‑month certificate of deposit with First Capital Bank SC at 3.693% interest, maturing January 25, 2027. The investment remains active within the district’s diversified portfolio.
Contract Details
Contract Amount
$234,800.00
Vendor
FIRST CAPITAL BANK SC
Agency
Pipestone Area School District, MN
Contract Type
FINANCIAL_SERVICES
Document Date
April 30, 2026
Contract Term
May 1, 2025 – January 25, 2027 (21 months)
Renewal Date
2027-01-25
Renewal Info
Certificate of deposit #1378875-1 matures on 2027-01-25; the district will determine whether to renew or adjust its holdings at maturity.
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