FINANCIAL_SERVICESAPPROVED

City of Centralia Awards Financial Services Contract to Bank of Missouri (May 2026)

The Centralia Public Library Board approved purchasing three $50,000 laddered certificates of deposit from Bank of Missouri to invest reserve funds while maintaining liquidity. These CDs will mature at different times to align with potential cash needs.

Status
APPROVED
Document date
May 11, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bank of Missouri
Agency
City of Centralia · MO

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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

Scope & details

The full contract record, as filed.

Contract amount
Three $50,000 CDs (total $150,000)
Contract type
FINANCIAL_SERVICES
Contract term
Multiple maturities throughout the year (laddered structure)
Renewal
The board also authorized the director to renew an existing CD maturing in May without further board approval, effectively delegating renewal decisions for that instrument to staff.
Document type
AgendaPacket
Source document
City of Centralia General Government & Public Safety Committee Agenda Packet 2026-05-11

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Centralia?

Bank of Missouri was awarded this financial services contract by City of Centralia, as recorded on May 11, 2026. The contract value is Three $50,000 CDs (total $150,000).

How much is the Bank of Missouri contract with City of Centralia worth?

The Bank of Missouri contract with City of Centralia is valued at Three $50,000 CDs (total $150,000), covering financial services work.

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 City of Centralia General Government & Public Safety Committee Agenda Packet 2026-05-11 (AgendaPacket), dated May 11, 2026 from City of Centralia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of Missouri hold?

Bank of Missouri 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 Bank of Missouri's profile

What is City of Centralia currently buying?

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

View City of Centralia's profile

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