District Weighs ConnectOne CD and Money Market Rates
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Description
ConnectOne presented revised money market and CD rates to Bethpage Water District for an upcoming CD maturity, matching offers from other banks. The Board plans to review these options before the CD’s auto-renewal date.
Contract Details
Vendor
CONNECTONE
Agency
Bethpage Wd, NY
Contract Type
FINANCIAL_SERVICES
Document Date
January 29, 2026
Contract Term
CD options: 6-month at 3.5%, 12-month at 3.4%; Money Market at 3%
Renewal Info
The existing CD with ConnectOne will automatically renew if the District does not act within ten days of the 1/30 maturity date.
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Bethpage Water District Minutes 2026-05-14
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