CD reinvestment at FMSB
Town of PlankintonSouth Dakota- Detected
- Aug 3, 2026
- 96 days ago
- Sector
- Administration & Finance
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From the meeting
The council reviewed seven certificates of deposit at Farmers and Merchants State Bank and chose to split them between 6-month and 1-year terms, while also considering Plains Commerce and SD FIT for future options. The money was not a project purchase, but it does show treasury management activity and a possible future banking review after the first of the year. This is relevant for financial-services incumbents and competitors.
- Meeting date
- August 3, 2026
- Agency
- Town of Plankinton
Questions about this project
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When will Town of Plankinton issue an RFP for this project?
Pre-RFPs typically surface 6–18 months before a formal solicitation is published. Civic IQ tracks Town of Plankinton's meeting records, agendas, and budgets continuously and updates this pre-RFP as the project moves through the buying cycle toward an RFP.
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