Inaugural Auction – March 29, 2024
Auction Results
Financial Institution
Winning Bids
EFFR
Spread
Total Rate
WesBanco Bank, Inc.
$10,000,000.00
5.330%
-0.250%
5.080%
United Bank
10,000,000.00
5.330%
-0.750%
4.580%
Citizens Bank of WV
9,000,000.00
5.330%
-0.750%
4.580%
Citizens Bank of WV
1,000,000.00
5.330%
-0.730%
4.600%
First Exchange Bank
1,000,000.00
5.330%
-0.700%
4.630%
First Exchange Bank
1,000,000.00
5.330%
-0.650%
4.680%
First Exchange Bank
1,000,000.00
5.330%
-0.620%
4.710%
First Exchange Bank
1,000,000.00
5.330%
-0.600%
4.730%
First Exchange Bank
1,000,000.00
5.330%
-0.580%
4.750%
Freedom Bank, Inc.
1,000,000.00
5.330%
-0.500%
4.830%
Freedom Bank, Inc.
1,000,000.00
5.330%
-0.250%
5.080%
Freedom Bank, Inc.
1,000,000.00
5.330%
-0.700%
4.630%
Freedom Bank, Inc.
1,000,000.00
5.330%
-0.650%
4.680%
Freedom Bank, Inc.
1,000,000.00
5.330%
-0.700%
4.630%
Total Bids Placed
$40,000,000.00