Somonauk Public Library District Board Minutes March 10 2026
Library Renews $150,000 CD with PMA
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Description
Somonauk Public Library District will renew a $150,000 certificate of deposit maturing on March 10, 2026 with PMA for another 12 months. The board noted that interest rates will be recorded in the April 13, 2026 meeting minutes.
Contract Details
Contract Amount
$150,000
Vendor
PMA
Agency
Somonauk Public Library District, IL
Contract Type
FINANCIAL_SERVICES
Document Date
March 10, 2026
Contract Term
12 months, beginning 2026-03-10 (CD renewal)
Renewal Date
2027-03-10
Renewal Info
CD renewed at maturity for an additional 12-month term starting March 10, 2026; interest rate to be confirmed in subsequent minutes.
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Somonauk Public Library District Board Minutes March 10 2026
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