Board Considers CD Renewal at First National Bank

The NPT Special Education Cooperative will consider renewing its maturing CD with First National Bank, Pana, for another 12 months at a 4% interest rate. The Executive Director recommends a one‑year renewal over a shorter, higher‑rate term to manage investment risk.

Document date · September 10, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Proposed 12‑month CD renewal at 4% interest starting at 2026-09-16

Renewal date

2027-09-16

Renewal

Existing CD matures on 2026-09-16; recommendation is to renew for an additional 12 months at a 4% interest rate. Future renewal terms after this period are unknown.

Document type

AgendaPacket

Source document

NPT Special Education Cooperative AgendaPacket Executive Board Meeting 2026-09-10

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Pana CUSD 8?

First National Bank Pana was awarded this financial services contract by Pana CUSD 8, as recorded on September 10, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in NPT Special Education Cooperative AgendaPacket Executive Board Meeting 2026-09-10 (AgendaPacket), dated September 10, 2026 from Pana CUSD 8. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First National Bank Pana hold?

First National Bank Pana may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View First National Bank Pana's profile

What is Pana CUSD 8 currently buying?

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