frazee_vergas_public_schools_monthly_cash_and_inve.pdf
District Holds $400K in CDs at Vergas State Bank
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Description
Frazee-Vergas Public Schools holds $400,000.00 in certificates of deposit with Vergas State Bank at a 0.05% interest rate. This represents a portion of the district's investment portfolio.
Contract Details
Contract Amount
$400,000.00
Vendor
VERGAS STATE BANK
Agency
Frazee-Vergas Public School District, MN
Contract Type
FINANCIAL_SERVICES
Document Date
October 31, 2025
Renewal Info
CDs may renew upon maturity per bank terms; specific maturity dates are not provided in the report.
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