Township Selects Tompkins Bank for CD Reinvestment
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Description
Bern Township authorized reinvestment of a certificate of deposit with Tompkins Bank for nine months at a 3.49% interest rate. The board chose Tompkins over Wells Fargo and Truist based on more favorable terms.
Contract Details
Vendor
TOMPKINS BANK
Agency
Town of Bern, PA
Contract Type
FINANCIAL_SERVICES
Document Date
March 3, 2026
Contract Term
9 months at 3.49% interest
Renewal Info
Single 9‑month CD term at 3.49%; renewal or rollover terms after maturity were not specified.
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