city-of-caro-city-council-meeting-agenda-november-3-2025_dc2.pdf
Caro investment of $1.1M maturing at Independent Bank
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Description
The City of Caro has an investment maturing on 11/13/2025 at Independent Bank with a current balance of $1,096,784.16. Treasurer Ries recommends keeping the CD at Independent Bank for 3.40%.
Contract Details
Contract Amount
$1,096,784.16
Vendor
INDEPENDENT BANK
Agency
City of Caro, MI
Contract Type
Investment
Document Date
November 3, 2025
Contract Term
26 weeks
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