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Rector School District Awards Investment Contract to Centennial Bank (September 2025)

Rector School District logoRector School District
Disclosed value
$3M
From minutes
Approved
Sep 8, 2025
Term
1 year

The 30-second brief

What it covers

Rector School District approves $3 million Certificate of Deposit with Centennial Bank at a 4% interest rate for a one-year term.

Who holds it

Centennial Bank holds this investment contract with Rector School District. Its other public contracts on record include work for Arkansas State University Mid-South and Florida Keys Mosquito Control District.

What happens next

Term as filed: 1 year.

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Contract details

Contract type
Investment
Amount
$3M
Document date
September 8, 2025
Term
1 year
Vendor
Centennial Bank
Agency
Rector School District
Source document
rector-school-district-minutes-september-8-2025_e41.pdf (Minutes)

Centennial Bank's other public contracts

Arkansas State University Mid-South, ArkansasCentennial Bank Expands Arkansas State Athletics Sponsorship · Oct 14, 2026UndisclosedFlorida Keys Mosquito Control District, FloridaDistrict Financial Report Identifies Centennial Bank Relationship · Oct 11, 2026UndisclosedFlorida Keys Mosquito Control District, FloridaDistrict Plans Request for Higher Centennial Bank Rate · Oct 11, 2026UndisclosedFlorida Keys Mosquito Control District, FloridaDistrict Reports Ongoing Centennial Bank Reserve Investment · Oct 11, 2026Taos Municipal Schools, New MexicoTaos Schools Report $96,000 Centennial Bank Interest · Sep 23, 2026UndisclosedAll Centennial Bank contractsVendor profile

More Rector School District contracts

Bryant BakeryRector Board Awards Bread Bid to Bryant Bakery · Jul 13, 2026UndisclosedPrairie FarmsRector Board Awards Milk Bid to Prairie Farms · Jul 13, 2026UndisclosedBoydsville Community CenterSchool Board Approves Lease of Boydsville Community Center · Apr 13, 2026UndisclosedFm BankFM Bank Approved for Construction Bond CD · Nov 10, 20254.07%Centennial BankCentennial Bank Purcell CD Renewed at 3.65% · Nov 10, 2025All Rector School District activityAgency profile

Questions about this contract

Who was awarded the investment contract by Rector School District?

Centennial Bank was awarded this investment contract by Rector School District, as recorded on September 8, 2025. The contract value is $3M.

How much is the Centennial Bank contract with Rector School District worth?

The Centennial Bank contract with Rector School District is valued at $3M, covering investment work.

What type of contract is this?

This is a Investment contract, documented as a minutes record.

Where was this contract approved?

This contract appears in rector-school-district-minutes-september-8-2025_e41.pdf (Minutes), dated September 8, 2025 from Rector School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Centennial Bank hold?

Centennial 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 Rector School District currently buying?

Explore Rector School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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