Braham City Council Meeting Agenda February 4, 2026
City holds CD with Goldman Sachs Bank USA
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Description
The City of Braham’s investment portfolio includes a $26,000 FDIC-insured certificate of deposit with Goldman Sachs Bank USA paying 4.000% and maturing June 24, 2026. This CD is held within the city’s externally managed investment account.
Contract Details
Vendor
GOLDMAN SACHS BANK USA
Agency
City of Braham, MN
Contract Type
FINANCIAL_SERVICES
Document Date
February 4, 2026
Contract Term
Certificate of deposit maturing 06/24/2026
Renewal Date
2026-06-24
Renewal Info
CD will mature on 2026-06-24; at maturity the City may reinvest or redeem. No automatic renewal terms are described in the statement.
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