City of Wayland Minutes Regular Meeting 2026-05-06
City Renews 7-Month CD With White State Bank
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Description
The City of Wayland renewed a certificate of deposit with White State Bank for a 7‑month term at a 3.6% interest rate as part of its May 6, 2026 consent agenda. The CD renewal continues the city's short‑term investment strategy with the bank.
Contract Details
Vendor
WHITE STATE BANK
Agency
City of Wayland, IA
Contract Type
FINANCIAL_SERVICES
Document Date
May 6, 2026
Contract Term
7 months at 3.6%
Renewal Info
Single 7‑month certificate of deposit renewal at 3.6% interest; no additional renewal terms stated.
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