Village of Hemingford Board of Trustees Meeting Minutes March 2026
Village Renews Two CDs With Nebraska Bank
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Description
The Village of Hemingford Board of Trustees renewed two certificates of deposit with Nebraska Bank totaling $850,000 plus accrued interest. The Keno fund CD was rolled into a 6‑month term and the City Sales Tax CD into a 3‑month term, both at a 3.5% interest rate.
Contract Details
Contract Amount
$50,000 plus accrued interest (Keno fund CD); $800,000 plus accrued interest (City Sales Tax CD)
Vendor
NEBRASKA BANK
Agency
Hemingford village, NE
Contract Type
FINANCIAL_SERVICES
Document Date
March 17, 2026
Contract Term
Keno fund CD: 6-month CD; City Sales Tax CD: 3-month CD
Renewal Info
Keno fund certificate of deposit renewed into a 6‑month term; City Sales Tax certificate of deposit renewed into a 3‑month term. Both CDs carry a 3.5% interest rate and will mature at the end of their respective terms, at which point renewal options can be considered again.
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