Town of Turner Minutes Board of County Commissioners 2026-05-19
County Increases CD with River’s Edge Bank
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Description
Turner County Commissioners approved increasing a certificate of deposit with River’s Edge Bank from $1 million to $5 million. The CD will renew for another six months at an interest rate of 3.8%.
Contract Details
Contract Amount
5 million (CD principal)
Vendor
RIVER’S EDGE BANK
Agency
Town of Turner, SD
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
Contract Term
6 months at a rate of 3.8%
Renewal Info
CD renewed for another 6-month term at 3.8% with increased principal from $1 million to $5 million.
More from Town of Turner
Turner County Commissioners Agenda June 4, 2026
Turner County Commissioners Agenda May 26, 2026
Town of Turner Minutes Board of County Commissioners 2026-05-19
Town of Turner Minutes Board of County Commissioners 2026-05-19
Town of Turner Minutes Board of County Commissioners 2026-05-19
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