FINANCIAL_SERVICESRENEWED

City Renews Cemetery CDs With Local Bank

Lowry City renewed two 12‑month cemetery perpetual care certificates of deposit with St. Clair County State Bank at a 3.94% interest rate. The board unanimously approved the renewal at the higher rate compared with the bank’s posted rate.

Document date · April 21, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
12-month term, renewing at 3.94% interest, maturing May 5 annually
Renewal date
2027-05-05
Renewal
Two 12‑month CDs, each valued at $174,551.98, were renewed at a 3.94% annual interest rate with maturity on May 5. Future renewals will likely be considered upon each annual maturity date.
Document type
Minutes
Source document
Lowry City Board of Aldermen Council Meeting Minutes April 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Lowry?

St. Clair County State Bank was awarded this financial services contract by City of Lowry, as recorded on April 21, 2026.

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 Lowry City Board of Aldermen Council Meeting Minutes April 2026 (Minutes), dated April 21, 2026 from City of Lowry. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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