West Memphis Board of Education Meeting Minutes January 2026
District Reinvests Funds With Fidelity Accounts
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Description
The West Memphis School District Board approved reinvesting $8 million in a 12‑month CD and placing $2 million into a money market account through Fidelity. The action is intended to manage district funds while earning interest over the next year.
Contract Details
Contract Amount
$8 million in a CD for 12 months and $2 million into a Money Market Account
Vendor
FIDELITY
Agency
West Memphis School District, AR
Contract Type
FINANCIAL_SERVICES
Document Date
January 20, 2026
Contract Term
12 months for CD; Money Market Account term not specified
Renewal Date
2027-01-20
Renewal Info
CD is set for a 12‑month term; money market account continues until further board action.
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DISCUSSedMore from West Memphis School District
West Memphis School District Board Minutes 2026-05-07
West Memphis Board of Education Meeting Minutes March 2026
West Memphis Board of Education Meeting Minutes February 2026
West Memphis Board of Education Meeting Minutes February 2026
west-memphis-school-district-comprehensive-school-counseling-program-plan_8fa.pdf
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