RecordsMarch 21, 2008
Correction 3/21/08
The difference in benefit between two bids for banking services evaluated by the Cape Girardeau School Board Monday night was stated incorrectly. US Bank's interest rate of 2.9 percent compounded daily will not net the district more money than Bank of America's interest rate of 2.96 percent compounded monthly. In choosing US Bank, the board considered fees and services to be used in addition to the interest rate. The Southeast Missourian regrets the error...
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The difference in benefit between two bids for banking services evaluated by the Cape Girardeau School Board Monday night was stated incorrectly. US Bank's interest rate of 2.9 percent compounded daily will not net the district more money than Bank of America's interest rate of 2.96 percent compounded monthly. In choosing US Bank, the board considered fees and services to be used in addition to the interest rate. The Southeast Missourian regrets the error.
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