Mitchellville Water Service District Awards Financial Services Contract to BANTERRA (October 2025)

Mitchellville Water District authorized the transfer of its certificates of deposit to Banterra, selecting the bank as its CD depository based on improved insurance coverage and a higher 4.24% interest rate. The motion passed unanimously.

Document date · October 21, 2025

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Future CD renewals and terms will be managed through Banterra under its treasury management and insured cash sweep program, subject to board direction at maturity dates.

Document type

Minutes

Source document

Mitchellville Water District Board Meeting Minutes Oct 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Mitchellville Water Service District?

BANTERRA was awarded this financial services contract by Mitchellville Water Service District, as recorded on October 21, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Mitchellville Water District Board Meeting Minutes Oct 2025 (Minutes), dated October 21, 2025 from Mitchellville Water Service District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does BANTERRA hold?

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

View BANTERRA's profile

What is Mitchellville Water Service District currently buying?

Explore Mitchellville Water Service District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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