City of Wayland Minutes Regular Meeting 2026-05-20
City Reinvests CD at Pilot Grove Savings Bank
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Description
The City of Wayland approved reinvestment of a certificate of deposit at Pilot Grove Savings Bank at a rate of 3.85% for an 11 month term. The council motion carried with 3 ayes.
Contract Details
Contract Amount
3.85% for 11 months (CD reinvestment)
Vendor
PILOT GROVE SAVINGS BANK
Agency
City of Wayland, IA
Contract Type
FINANCIAL_SERVICES
Document Date
May 20, 2026
Contract Term
11 months
Renewal Date
2027-04-20
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