Council Approves $300,000 CD Investment with Denison State Bank
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Description
The City of Ozawkie council approved a $300,000 investment into a 6-month certificate of deposit at 3.75% interest with Denison State Bank. The motion passed unanimously. This will shift funds between city accounts to earn higher interest.
Contract Details
Contract Amount
$300,000
Vendor
DENISON STATE BANK
Agency
City of Ozawkie, KS
Contract Type
FINANCIAL_SERVICES
Document Date
January 12, 2026
Contract Term
6 months
Renewal Date
2026-07-12
Renewal Info
No automatic renewal or extension clause indicated. Subsequent action would be required to renew or reinvest.
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