Eureka Township Town Board Meeting Minutes November 12 2024
New Market Bank CD Investment Approved By Board
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Description
Eureka Township authorized a new 7‑month CD of $25,750.82 with New Market Bank at a 4.5% rate, reinvesting General Fund balances. The board approved the investment unanimously.
Contract Details
Contract Amount
$25,750.82 (principal amount of new CD)
Vendor
NEW MARKET BANK
Agency
Town of Eureka, MN
Contract Type
FINANCIAL_SERVICES
Document Date
November 12, 2024
Contract Term
7-month CD at 4.5%
Renewal Info
New 7‑month CD established at 4.5% with New Market Bank; renewal or reinvestment terms after maturity not specified.
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