borough_of_north_wales_fiscal_year_2026_budget.pdf
Longer-term Citadel CD for Borough Reserve Fund
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Description
North Wales Borough has invested $303,178.03 of its Reserve Fund in a Citadel certificate of deposit at 4.13%, maturing July 16, 2027. The CD is projected to earn $10,700.60 in interest over its term.
Contract Details
Contract Amount
$303,178.03 principal; estimated interest $10,700.60 at 4.13%
Vendor
CITADEL
Agency
Borough of North Wales, PA
Contract Type
FINANCIAL_SERVICES
Document Date
January 1, 2026
Contract Term
July 17, 2025 – July 16, 2027 (729-day CD term)
Renewal Date
2027-07-16
Renewal Info
The Citadel CD matures on 2027-07-16, after which the Borough may renew or reallocate the funds.
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borough_of_north_wales_fiscal_year_2026_budget.pdf
borough_of_north_wales_fiscal_year_2026_budget.pdf
borough_of_north_wales_fiscal_year_2026_budget.pdf
borough_of_north_wales_fiscal_year_2026_budget.pdf
borough_of_north_wales_fiscal_year_2026_budget.pdf
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