City Considers Depository & CD Plan with Bennington

Osage City is considering Resolution No. 1153 to designate Bennington State Bank as an official depository for City funds and authorize key officials to execute banking agreements. The proposal would also restructure existing certificates of deposit into a Tandem Savings Account and a 6‑month CD to enhance interest earnings while maintaining liquidity.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Ongoing designation as official depository; 30-day CD restructured into Tandem Savings and 6‑month CD

Renewal

Authority for Bennington State Bank as depository and for banking transactions remains in effect until written notice of revocation or modification is provided to the bank under Resolution No. 1153; existing CDs include a 30‑day instrument to be split, with a portion moved into a 6‑month CD.

Document type

AgendaPacket

Source document

Osage City Council AgendaPacket Regular Meeting 2026-07-28

Related contracts

Other contracts from Bennington State Bank.

View all →

U.S.D. 305 AgendaPacket Board Agenda 2026-07-14

APPROVED

Salina Unified School District 305, KansasJul 13, 2026

Sylvan USD#299 Board of Education Minutes 2026-07-13

APPROVED

Sylvan Grove Unified School District 299, KansasJul 13, 2026

Southern Lyon County USD 252 Board of Education Minutes 2026-06-10

AMENDED

Southern Lyon County Unified School District 252, KansasJun 10, 2026

City of Burlingame Regular Meeting Agenda 2026-06-01

DISCUSSED

Town of Burlingame, Kansas$25 per monthJun 1, 2026

Osage City Council Agenda Packet 2026-05-26

DISCUSSSED

Town of Osage, KansasMay 26, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Osage?

Bennington State Bank was awarded this financial services contract by Town of Osage, as recorded on July 28, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Osage City Council AgendaPacket Regular Meeting 2026-07-28 (AgendaPacket), dated July 28, 2026 from Town of Osage. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bennington State Bank hold?

Bennington State Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Bennington State Bank's profile

What is Town of Osage currently buying?

Explore Town of Osage's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Osage's profile