martin_county_council_special_session_minutes_sept.md
County Investments Held With German American Bank
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Description
Martin County holds $7 million in a MarketSmart investment account with German American Bank at 3.58% interest, earning over $182,000 year-to-date. The county also maintains a higher-yield CD at 4.16% that will mature next week.
Contract Details
Contract Amount
$7 million invested at 3.58% in MarketSmart; CD at 4.16% (amount not specified)
Vendor
GERMAN AMERICAN BANK
Agency
Martin County, IN
Contract Type
FINANCIAL_SERVICES
Document Date
September 29, 2025
Contract Term
MarketSmart account (ongoing); CD maturing next week (short-term)
Renewal Info
The CD with German American Bank will mature next week and will require reinvestment or redemption decisions by the county’s finance officials.
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