Minneota Public Schools Regular Meeting Agenda Packet May 13 2026
District CD Investment Matures at Western Alliance Bank
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Description
Minneota Public Schools, via MNTrust, held and matured a $180,000 certificate of deposit with Western Alliance Bank on April 3, 2026, earning $3,459.15 in interest. The CD was part of the district’s operating investment strategy for idle funds.
Contract Details
Contract Amount
$180,000.00 CD principal; $3,459.15 interest
Vendor
WESTERN ALLIANCE BANK
Agency
Minneota Public School District, MN
Contract Type
FINANCIAL_SERVICES
Document Date
May 13, 2026
Contract Term
CD matured 04/03/2026 (trade and settle date 04/03/2026; prior maturity date 04/03/2026)
Renewal Date
2026-04-03
Renewal Info
The CD matured on April 3, 2026; any renewal or rollover into a new CD would require a separate purchase transaction.
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Minneota Public Schools Regular Meeting Agenda Packet May 13 2026
Minneota Public Schools Regular Meeting Agenda Packet May 13 2026
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