luling_independent_school_district_cash_position_r.pdf
District Maintains $200K CD at Sage Bank
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Description
Luling Independent School District maintains a $200,000 one‑year certificate of deposit with Sage Bank at a 4.05% interest rate, maturing May 18, 2026. The time deposit diversifies the district’s short‑term investment portfolio.
Contract Details
Contract Amount
$200,000.00
Vendor
SAGE BANK
Agency
Luling Isd, TX
Contract Type
FINANCIAL_SERVICES
Document Date
October 31, 2025
Contract Term
1 yr (Certificate of Deposit)
Renewal Date
2026-05-18
Renewal Info
Certificate of deposit carries a fixed 1‑year term with maturity on 2026-05-18; any rollover or renewal after maturity is not detailed in the report.
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ONGOINGluling_independent_school_district_cash_position_r.pdf
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