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FINANCIAL_SERVICESAPPROVED

Sanibel Public Library District Board Meeting Minutes March 2026

Library Consolidates Funds at Bank of the Islands

Sanibel Public Library DistrictBANK OF THE ISLANDSMarch 26, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Sanibel Public Library District Board approved consolidating its public funds with Bank of the Islands, a local Qualified Public Depository. The move follows review of comparative bank rates, including a 2.95% CD rate.

Contract Details

Vendor

BANK OF THE ISLANDS

Agency

Sanibel Public Library District, FL

Contract Type

FINANCIAL_SERVICES

Document Date

March 26, 2026

Renewal Info

Standard banking relationship as a Qualified Public Depository; specific renewal terms for CDs or accounts were not detailed.

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