City of Gallatin Minutes December 2025
City Moves $539K to 18-Month CD at BTC Bank
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Description
The City of Gallatin approved moving $539,814.94 in WA/SW funds to an 18-month CD at BTC Bank at 3.81%, effective December 26, 2025. Signers authorized are Mayor Ballew, Board President McCann, and City Administrator Dorrel.
Contract Details
Contract Amount
$539,814.94
Vendor
BTC BANK
Agency
City of Gallatin, MO
Contract Type
FINANCIAL_SERVICES
Document Date
December 22, 2025
Contract Term
18-month CD at 3.81%, starting 2025-12-26
Renewal Date
2027-06-26
Renewal Info
CD will mature at end of 18 months. Renewal at maturity subject to board approval.
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