Bolivar Peninsula Special Utility District Minutes of the Regular Meeting 2026-04-14
District Reinvests Matured CD With Moody Bank
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Description
The Board reviewed the quarterly investment report and noted that a matured Sun Coast CD was reinvested at Moody Bank, maintaining the District’s investment relationship with the financial institution. This action continues Moody Bank’s role in holding District funds in time deposits.
Contract Details
Vendor
MOODY BANK
Agency
BOLIVAR PENINSULA SUD, TX
Contract Type
FINANCIAL_SERVICES
Document Date
April 14, 2026
Renewal Info
CD from Sun Coast was rolled over by reinvesting proceeds into a new certificate of deposit at Moody Bank; specific maturity date and renewal options were not stated.
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