town-of-silver-lake-agenda-october-20-2025_590.pdf
City Reinvests CD #7 with Silver Lake Bank
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Description
The City of Silver Lake approved reinvestment of CD #7 with Silver Lake Bank for a 24-month term at a 3.8% annual percentage yield. The financial services action was passed by the council with no opposing votes.
Contract Details
Vendor
SILVER LAKE BANK
Agency
Town of Silver Lake, KS
Contract Type
FINANCIAL_SERVICES
Document Date
October 20, 2025
Contract Term
24 months
Renewal Info
Reinvestment of an existing certificate of deposit into a new 24-month term at 3.8% APY; maturity date not specified.
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