Ozark Mountain School District Board Meeting Minutes March 2024
School Board Approves $1M CD Investment at Anstaff Bank
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Description
Ozark Mountain School District Board approved investment of $1,000,000.00 in four 6-month certificates of deposit at Anstaff Bank, earning 5.3% interest each. This action diversifies the district's reserves.
Contract Details
Contract Amount
$1,000,000.00 (4 CDs at $250,000.00 each)
Vendor
ANSTAFF BANK
Agency
Ozark Mountain School District, AR
Contract Type
FINANCIAL_SERVICES
Document Date
March 26, 2024
Contract Term
6 months, at 5.3% interest
Renewal Date
2024-09-26
Renewal Info
No explicit renewal or auto-renewal mentioned; CDs will mature after 6 months.
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