Moravia City Council Meeting Minutes April 2026
City Renews CD Investments with Farmers Bank
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Description
The Moravia City Council voted to renew its maturing certificates of deposit with Farmers Bank at the current offered rate. This action maintains the city's investment relationship with Farmers Bank for its CD holdings.
Contract Details
Vendor
FARMERS BANK
Agency
City of Moravia, IA
Contract Type
FINANCIAL_SERVICES
Document Date
April 14, 2026
Contract Term
Certificates of deposit renewed in April 2026; specific maturity terms not stated
Renewal Info
CDs maturing in April 2026 were renewed with Farmers Bank at the bank’s prevailing rate; exact term length and renewal date not specified.
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