District invests $1M with Security State Bank
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Description
The Board of Education approved investing $1,000,000 of idle funds with Security State Bank for six months at 3.82%. This short-term investment was selected as the highest bid and passed unanimously.
Contract Details
Contract Amount
$1,000,000 at 3.82% for six months
Vendor
SECURITY STATE BANK
Agency
Scott County Unified School District 466, KS
Contract Type
FINANCIAL_SERVICES
Document Date
March 9, 2026
Contract Term
Six-month investment of idle funds
Renewal Info
Six-month investment; renewal or reinvestment terms after maturity were not discussed in the minutes.
More from SECURITY STATE BANK
More from Scott County Unified School District 466
Unified School District #466 Board of Education Agenda April 2026
Unified School District No. 466 Board Meeting Minutes March 9, 2026
Unified School District No. 466 Board Meeting Minutes March 9, 2026
Unified School District No. 466 Board Meeting Minutes March 9, 2026
Unified School District No. 466 Board Meeting Minutes February 9, 2026
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