District invests matured CD in Patriots Bank account
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Description
Franklin County RWD #1 authorized moving funds from a matured CD into a new 6‑month certificate of deposit at Patriots Bank at a 3.93% interest rate. The board designated signers and information-only access for district personnel on all Patriots Bank accounts and CDs.
Contract Details
Contract Amount
Money from matured CD (amount not stated)
Vendor
PATRIOTS BANK
Agency
Franklin Rural Water District 1, KS
Contract Type
FINANCIAL_SERVICES
Document Date
December 31, 2025
Contract Term
6-month CD at 3.93% interest, starting December 31, 2025
Renewal Date
2026-06-30
Renewal Info
CD will mature after 6 months; the board may choose to reinvest, redeem, or change institutions at that time.
More from PATRIOTS BANK
More from Franklin Rural Water District 1
Franklin County RWD #1 Regular Monthly Board Meeting Minutes 2026-04-21
Franklin County RWD #1 Regular Monthly Board Meeting Minutes 2026-04-21
Franklin County RWD #1 Board Meeting Minutes January 2026
Franklin County RWD #1 Board Meeting Minutes January 2026
Franklin County RWD #1 Board Meeting Minutes December 2025
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