Pima Town Council Meeting Agenda February 10, 2026
Magnolia Bank Callable CD Considered by Town
Trusted by teams at
Description
The Town is considering a 3.85% callable certificate of deposit with Magnolia Bank, first callable in August 2026 and maturing in February 2028, as part of its CD renewal options. This product offers a higher yield with potential early redemption by the bank.
Contract Details
Vendor
MAGNOLIA BANK
Agency
Town of Pima, AZ
Contract Type
FINANCIAL_SERVICES
Document Date
February 10, 2026
Contract Term
Maturity 2/22/2028; First Call 8/20/2026
Renewal Date
2028-02-22
Renewal Info
Callable CD with first call date 2026-08-20 and final maturity 2028-02-22; reinvestment or renewal decisions would occur at maturity if not called earlier.
More from MAGNOLIA BANK
Related Contracts
Grady County Board of Commissioners Regular Board of Commissioners Meeting 2026-04-21
PENDINGOwen County Fiscal Court Regular Meeting Minutes April 14 2026
APPROVEDClark County Fiscal Court Meeting Minutes February 26 2026
APPROVEDTown of Atoka Board of Mayor and Aldermen Meeting Agenda January 2026
PENDINGOwen County Fiscal Court Regular Meeting January 2026
AMENDEDMore from Town of Pima
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.