Certificates of Deposit

Colby Community College is soliciting interest‑rate quotations for a series of six‑month Certificates of Deposit (CDs). The college plans to place up to six individual CDs of $500,000 each, but is open to fewer CDs with larger principal amounts if a higher rate can be secured. Vendors must provide rates that remain valid through the rate‑honoring deadline and be able to deliver the CDs and any required bank pledges by the placement deadline. This is a purely financial solicitation; no goods or services beyond the CD instruments themselves are being procured. • Provide rate quotes for six $500,000 CDs (or alternative larger‑principal structures) with a six‑month term. • Rates must be valid through the stipulated rate‑honoring date. • CDs and any required pledges must be in place before the college’s fiscal year end. • Submission is via e‑mail only, with the deadline at the end of May 31, 2019.