District CD Investment with First Capital Bank SC
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Description
Independent School District No. 2689 invested $234,800 in a twenty-one-month certificate of deposit with First Capital Bank SC at 3.693%, maturing January 25, 2027. The investment is noted in the March 2026 treasurer’s report.
Contract Details
Contract Amount
$234,800.00
Vendor
FIRST CAPITAL BANK SC
Agency
Pipestone Area School District, MN
Contract Type
FINANCIAL_SERVICES
Document Date
March 31, 2026
Contract Term
May 1, 2025 to January 25, 2027 (21 months)
Renewal Date
2027-01-25
Renewal Info
CD matures on 2027-01-25; the report does not specify renewal or rollover arrangements.
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Pipestone Area Schools Regular School Board Meeting Agenda May 2026
Pipestone Area Schools Regular School Board Meeting Agenda May 2026
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