Genoa-Hugo School District C-113 Minutes Regular Board of Education Meeting 2026-06-15
District Moves $100,000 to Stockmen’s Bank CD
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Description
The Genoa-Hugo School District Board approved transferring $100,000 to Stockmen’s Bank to establish a 1‑month rolling certificate of deposit. The short-term investment was unanimously approved by members present.
Contract Details
Contract Amount
$100,000
Vendor
STOCKMENS BANK
Agency
Genoa-Hugo School District C-113, CO
Contract Type
FINANCIAL_SERVICES
Document Date
June 15, 2026
Contract Term
1 month rolling certificate of deposit
Renewal Info
CD is structured as a 1‑month rolling certificate; it will automatically roll over monthly unless the district elects to redeem or change terms.
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Genoa-Hugo School District C-113 Agenda Regular Board of Education Meeting 2026-06-15
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