Housing Authority Reinvests HCV CD at CFB
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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.
More from CFB
Issuing Agency
Local Housing Authority
Clinton, IA
More from Low Rent Housing Agency of Clinton
City of Clinton Agenda Regular City Council Meeting 2026-06-09
City of Clinton Agenda Regular City Council Meeting 2026-06-09
City of Clinton Agenda Regular City Council Meeting 2026-06-09
City of Clinton Agenda Regular City Council Meeting 2026-06-09
City of Clinton Agenda Regular City Council Meeting 2026-06-09
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