District Opens 12-Month Reserve Account at Centennial Bank
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Description
The Florida Keys Mosquito Control District opened a 12‑month reserve account with Centennial Bank at a 3.3% yield, funded via transfers from existing investments. The account held $11.36 million as of March 31, 2026 and forms part of the District’s reserves strategy.
Contract Details
Vendor
CENTENNIAL BANK
Agency
Florida Keys Mosquito Control District, FL
Contract Type
FINANCIAL_SERVICES
Document Date
April 21, 2026
Contract Term
12 months at 3.3% beginning March 2026
Renewal Date
2027-03-10
Renewal Info
Account is set at a 3.3% rate for 12 months; future renewal or reinvestment options for these reserve funds will need Committee review near term maturity.
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