Township Transfers CD to New Market Bank
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Description
Cedar Lake Township authorized the transfer of its certificate of deposit to New Market Bank at a 3.85% interest rate for a seven-month term. The Treasurer was authorized to complete the banking transaction.
Contract Details
Vendor
NEW MARKET BANK
Agency
Town of Cedar Lake, MN
Contract Type
FINANCIAL_SERVICES
Document Date
March 9, 2026
Contract Term
3.85% for seven months
Renewal Info
CD placed at New Market Bank for a fixed seven-month term at 3.85%; renewal or rollover after maturity to be determined at that time.
More from NEW MARKET BANK
More from Town of Cedar Lake
Cedar Lake Township Monthly Meeting Agenda May 4th 2026
Cedar Lake Township Monthly Meeting Agenda May 4th 2026
Cedar Lake Township Minutes March 2026
Cedar Lake Township Minutes March 2026
Cedar Lake Township Minutes March 2026
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