Missisquoi Valley School District Board Meeting Minutes April 2026
MVSD Renews Five-Year CD With Union Bank
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Description
Missisquoi Valley School District approved renewing its certificate of deposit with Union Bank for a 60‑month term at 3.35% interest. The reinvestment of the Tabor, Hale, Babcock funds is projected to generate approximately $4,854 in interest by maturity.
Contract Details
Vendor
UNION BANK
Agency
Missisquoi Valley School District 89, VT
Contract Type
FINANCIAL_SERVICES
Document Date
April 7, 2026
Contract Term
60 months at 3.35% interest
Renewal Info
Existing certificate of deposit for the Tabor, Hale, Babcock funds is renewed with Union Bank for a 60‑month term at 3.35% interest; only accrued interest may be spent by the district.
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