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FINANCIAL_SERVICESAPPROVED

Franklin County RWD #1 Special Board Meeting December 2025

District invests matured CD in Patriots Bank account

Money from matured CD (amount not stated)Franklin Rural Water District 1PATRIOTS BANKDecember 31, 2025

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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

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.

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