Town of Lempster Board of Selectmen Meeting Minutes April 2026
Town Declines Shift to NHPDIP Investment Pool
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Description
The Town of Lempster evaluated the NH Public Deposit Investment Pool as an alternative investment option for operating funds but declined to shift funds at this time. Concerns over non-FDIC coverage and administrative workload led the Board to maintain its current banking arrangement.
Contract Details
Vendor
NH PUBLIC DEPOSIT INVESTMENT POOL (NHPDIP)
Agency
Town of Lempster, NH
Contract Type
FINANCIAL_SERVICES
Document Date
April 14, 2026
Renewal Info
No funds will be placed with NHPDIP at this time; the option may be revisited in future rate reviews.
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