Town Reinvests CDARS with F & M Bank
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Description
The Town of Pacific reinvested two maturing CDARS with F & M Bank for an additional two-year term at a 4.3% interest rate. Principal amounts for these investments were not detailed in the minutes.
Contract Details
Vendor
F & M BANK
Agency
Town of Pacific, WI
Contract Type
FINANCIAL_SERVICES
Document Date
November 18, 2025
Contract Term
Two years at 4.3% interest
Renewal Info
Two maturing CDARS were rolled over into new two-year investments at 4.3% interest; future action will be required at the end of this term.
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