City of Greenwood Board of Aldermen Meeting Agenda Packet March 2026
Board Approves $250K CD with Security Bank of Kansas City
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Description
The Board of Aldermen approved opening a $250,000 General Fund Certificate of Deposit with Security Bank of Kansas City to maximize interest earnings on idle municipal funds. This continues the City's strategy of prudent investment of reserves.
Contract Details
Contract Amount
$250,000 (Certificate of Deposit)
Vendor
SECURITY BANK OF KANSAS CITY
Agency
City of Greenwood city, MO
Contract Type
FINANCIAL_SERVICES
Document Date
March 24, 2026
Renewal Info
Similar certificates of deposit previously opened with Security Bank of Kansas City in 2024 and 2025; this is an additional investment using city funds.
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