City of Washington Police Pension Board Meeting Minutes January 2026
Pension Board Renews CD with Washington Community Bank
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Description
The Police Pension Board ratified the renewal of a $105,723.39 certificate of deposit with Washington Community Bank at a 3.51% interest rate for a 3‑month term. The action confirms continuation of the CD investment following its maturity on January 5, 2026.
Contract Details
Contract Amount
$105,723.39
Vendor
WASHINGTON COMMUNITY BANK
Agency
Town of Washington, IL
Contract Type
FINANCIAL_SERVICES
Document Date
January 26, 2026
Contract Term
Renewed CD at 3.51% interest for 3 months starting 1/5/2026
Renewal Date
2026-04-05
Renewal Info
Existing CD at 3.81% maturing 1/5/2026 was renewed with Washington Community Bank at 3.51% for an additional 3 months.
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