City of Franklin Regular Meeting Agenda May 2026
City Maintains Multiple CDs with Cornerstone Bank
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Description
Franklin continues to maintain several certificates of deposit with Cornerstone Bank totaling more than $1.18 million. These CD accounts form part of the City’s investment and cash management strategy.
Contract Details
Vendor
CORNERSTONE BANK
Agency
Town of North Franklin, NE
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Renewal Date
2026-09-20
Renewal Info
CDs have specific maturity dates in mid to late 2026 and may be renewed or reallocated at maturity based on city investment policy.
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