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First National Bank CD: $7M investment yields interest

Keystone SD
Disclosed value
$7,000,000
From meeting minutes
Document date
Feb 25, 2025
Term
6 months

The 30-second brief

What it covers

First National Bank's General Fund CD with $7,000,000 principal pays interest quarterly, with interest earnings of $90,646 for 22-23, $368,414 for 23-24, and $183,754.04 as of 12/31/24.

Who holds it

First National Bank holds this cd contract with Keystone SD. Its other public contracts on record include work for Mayfield City Schools and Kalamazoo Library District.

What happens next

Term as filed: 6 months.

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Contract details

Contract type
Cd
Amount
$7,000,000
Document date
February 25, 2025
Term
6 months
Vendor
First National Bank
Agency
Keystone SD
Source document
keystone-sd-meeting-minutes-2025-02-25_d40.txt (Meeting Minutes)

First National Bank's other public contracts

Mayfield City Schools, OhioFirst National Bank Depository Designation Recommended · Oct 27, 2026UndisclosedKalamazoo Library District, MichiganLibrary Maintains Investment Accounts With First National · Oct 23, 2026UndisclosedCity of Miami, OklahomaCity Presents First National Bank Charges · Oct 20, 2026$17KCity of Miami, OklahomaMSUA Approves First National Mortgage Payment · Oct 20, 2026$1.2KWilmington Area SD, PennsylvaniaSchool District Authorizes First National Bank Account Closure · Oct 20, 2026All First National Bank contractsVendor profile

More Keystone SD contracts

Great LakesKeystone Ratifies Great Lakes Breakfast Cart Purchase · Aug 17, 2026$19.6KHubbard Bus Service IncKeystone Renews Hubbard Activities Bus Contract · Aug 17, 2026UndisclosedTRIMARKKeystone Ratifies TriMark Reach-In Freezer Purchase · Aug 17, 2026$6.3KWhitmore Busing LLCKeystone Renews Whitmore Busing Bus Contract · Aug 17, 2026UndisclosedGreat LakesKeystone Ratifies Great Lakes Warmer Purchase · Aug 17, 2026$5.3KAll Keystone SD activityAgency profile

Questions about this contract

Who was awarded the cd contract by Keystone SD?

First National Bank was awarded this cd contract by Keystone SD, as recorded on February 25, 2025. The contract value is $7,000,000.

How much is the First National Bank contract with Keystone SD worth?

The First National Bank contract with Keystone SD is valued at $7,000,000, covering cd work.

What type of contract is this?

This is a Cd contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in keystone-sd-meeting-minutes-2025-02-25_d40.txt (Meeting Minutes), dated February 25, 2025 from Keystone SD. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First National Bank hold?

First National Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Keystone SD currently buying?

Explore Keystone SD's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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