Commission Backs Money Market Account at Associated Bank
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Description
The Harbor Commission moved to establish a $75,000 business money market account with Associated Bank in Ashland at a 3.5% rate for six months, pending town board approval. This account will serve as a higher-yield savings option for harbor funds.
Contract Details
Contract Amount
$75,000
Vendor
ASSOCIATED BANK
Agency
Town of Bell, WI
Contract Type
FINANCIAL_SERVICES
Document Date
January 5, 2026
Contract Term
3.5% interest rate for 6 months
Renewal Info
Initial rate set at 3.5% for a 6‑month term; future renewal or rollover terms would need separate approval or action.
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