phelps-county-commission-record-august-5-2025_f99.pdf
County Invests Funds in 6-Month CD at Maries County Bank
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Description
The Phelps County Commission approved investing county funds into a 6‑month certificate of deposit at Maries County Bank at a 4.5% interest rate. This action places surplus funds in an interest‑bearing financial instrument to increase county revenues.
Contract Details
Vendor
MARIES COUNTY BANK
Agency
Phelps County, MO
Contract Type
FINANCIAL_SERVICES
Document Date
August 5, 2025
Contract Term
6-month CD at 4.5% interest
Renewal Info
Single 6‑month certificate of deposit; may be reinvested at maturity subject to future commission approval.
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