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Bankingapproved

clarinda_regional_health_board_of_trustees_meeting.pdf

CD from Cornerstone Bank transferred to Bank Iowa

$1.9 millionClarinda Regional Health CenterCORNERSTONE BANKSeptember 23, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Board approved transferring the CD to Bank Iowa for a seven-month term at 4.25%. The initial CD at Cornerstone Bank was valued at approximately $1.9 million and matured on September 19.

Contract Details

Contract Amount

$1.9 million

Vendor

CORNERSTONE BANK

Agency

Clarinda Regional Health Center, IA

Contract Type

Banking

Document Date

September 23, 2025

Contract Term

7 months

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