Town Reports CD at State Bank of Reeseville

The Town of Farmington maintains a $500,821.92 certificate of deposit with State Bank of Reeseville maturing on August 11, 2025. The CD was noted in the treasurer's report as part of the town's investment holdings.

Document date · February 10, 2025

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

CD maturing 2025-08-11

Renewal date

2025-08-11

Renewal

CD investment with State Bank of Reeseville maturing on 2025-08-11; potential renewal or reinvestment decision at maturity.

Document type

Minutes

Source document

town-of-farmington-town-board-meeting-minutes-february-10-2025_4f9.md

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Farmington?

State Bank of Reeseville was awarded this financial services contract by Town of Farmington, as recorded on February 10, 2025.

What type of contract is this?

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

Where was this contract approved?

This contract appears in town-of-farmington-town-board-meeting-minutes-february-10-2025_4f9.md (Minutes), dated February 10, 2025 from Town of Farmington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does State Bank of Reeseville hold?

State Bank of Reeseville 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 State Bank of Reeseville's profile

What is Town of Farmington currently buying?

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