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FINANCIAL_SERVICESONGOING

housing_authority_office_regular_meeting_agenda_oc.pdf

Housing Authority Reinvests HCV CD at CFB

Low Rent Housing Agency of ClintonCFBOctober 21, 2025

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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 Housing Authority reinvested matured HCV CD funds into a six-month certificate of deposit at Citizens First Bank at 4.25%. This action maintains investment of Housing Choice Voucher reserves with a local financial institution.

Contract Details

Vendor

CFB

Agency

Low Rent Housing Agency of Clinton, IA

Contract Type

FINANCIAL_SERVICES

Document Date

October 21, 2025

Contract Term

6 months at 4.25% beginning 9/19/25

Renewal Date

2026-03-19

Renewal Info

Six-month CD term starting after 9/19/25 maturity, set to mature after the six-month period unless renewed or reinvested.

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