City of Franklin Regular Meeting Agenda May 2026
Franklin Holds Significant CDs with South Central State Bank
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Description
The City holds over $846,000 in certificates of deposit with South Central State Bank as part of its investment portfolio. These time deposits contribute to Franklin’s interest income and financial stability.
Contract Details
Vendor
SOUTH CENTRAL STATE BANK
Agency
Town of North Franklin, NE
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Renewal Date
2026-08-21
Renewal Info
CDs mature between June 7 and August 21, 2026, after which the City may renew or re-invest funds per its investment policy.
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