Civic IQ
FINANCIAL_SERVICESAPPROVED

Unified School District No. 466 Board Meeting Minutes March 9, 2026

District invests $1M with Security State Bank

$1,000,000 at 3.82% for six monthsScott County Unified School District 466SECURITY STATE BANKMarch 9, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

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.

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