HomeMy WebLinkAbout23- Depository Bonds and Securities - As of 12-31-2023
DEPOSITORY BONDS AND SECURITIES
AS OF
December 31, 2023
MATURITY CUSIP NO/LOC NO. TOTAL AMOUNT
US BANK
All Accounts
Federal Deposit Insurance Corporation-Operating Accts $ 250,000.00
LOC-FHLB Cincinnati 1/12/2024 572036 $ 20,000,000.00
TOTAL – US Bank $ 20,250,000.00
This is to certify that we, the Commission of the City of Bozeman, in compliance with the provisions of Section 7-6-
207, M.C.A., have this day certified the receipts of US Bank, for the Depository Bonds held by the Director of
Finance as security, for the deposit for the City of Bozeman funds as of December 31, 2023, by the banks of
Bozeman and approve and accept the same.
_____________________________________________
TERENCE CUNNINGHAM, Mayor
_______________________________________ _______________________________________
JOEY MORRISON, Deputy Mayor CHRISTOPHER COBURN, Commissioner
_______________________________________ _______________________________________
JENNIFER MADGIC, Commissioner DOUGLAS FISCHER, Commissioner
DocuSign Envelope ID: 130759FB-8152-4407-80DA-ED744B9F90E9
PLEDGED SECURITIES AND CASH IN BANK
As of
December 31, 2023
US BANK
Total Cash on Deposit $10,518,439.65
FDIC Coverage $250,000.00
Amount Remaining $10,268,439.65
Pledges Required 104% $10,679,177.24
Actual Pledges $20,000,000.00
Over (Under) Pledged $9,320,822.76
REFERENCE: Section 7-6-207, M.C.A.
DocuSign Envelope ID: 130759FB-8152-4407-80DA-ED744B9F90E9