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FINANCIAL_SERVICESONGOING

borough_of_north_wales_fiscal_year_2026_budget.pdf

Reserve Fund CD at Freedom Credit Union

$285,647.43 principal; estimated interest $6,385.98 at 4.25%Borough of North WalesFREEDOM CREDIT UNIONJanuary 1, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

North Wales Borough invested $285,647.43 from its Reserve Fund in a 4.25% CD at Freedom Credit Union maturing May 11, 2026. The investment is estimated to earn $6,385.98 in interest over its term.

Contract Details

Contract Amount

$285,647.43 principal; estimated interest $6,385.98 at 4.25%

Vendor

FREEDOM CREDIT UNION

Agency

Borough of North Wales, PA

Contract Type

FINANCIAL_SERVICES

Document Date

January 1, 2026

Contract Term

May 11, 2025 – May 11, 2026 (365-day CD term)

Renewal Date

2026-05-11

Renewal Info

CD reaches maturity on 2026-05-11; renewal or reinvestment will be at the Borough’s discretion.

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