cherokee_development_authority_regular_meeting_age.pdf
CDA Considers $500,000 CD Investment at Gateway First Bank
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Description
The Cherokee Development Authority will consider investing $500,000 from its Gateway First Bank CDA account into a certificate of deposit at Gateway First Bank, with interest to be reinvested. This would formalize a banking investment arrangement with the institution.
Contract Details
Contract Amount
$500,000.00
Vendor
GATEWAY FIRST BANK
Agency
City of Cherokee, OK
Contract Type
FINANCIAL_SERVICES
Document Date
September 17, 2025
Renewal Info
CD terms, including maturity and renewal options, are not specified in the agenda and would be defined by the bank at opening.
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