Town of Halfmoon Board of Supervisors Agenda April 2026
Township Plans CD Reinvestment With First National Bank
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Description
The Halfmoon Township Treasurer recommends reinvesting $170,000 from the Park & Recreation Fund and $275,000 from the Capital Reserve Fund into 12‑month certificates of deposit with First National Bank. The Board is asked to authorize this financial services action upon the April 15, 2026 CD maturities.
Contract Details
Contract Amount
$170,000 Park & Recreation Fund CD; $275,000 Capital Reserve Fund CD
Vendor
FIRST NATIONAL BANK
Agency
Town of Halfmoon, PA
Contract Type
FINANCIAL_SERVICES
Document Date
April 9, 2026
Contract Term
12-month certificates of deposit starting April 15, 2026
Renewal Date
2027-04-15
Renewal Info
Action would roll maturing CDs into new 12‑month certificates at First National Bank; future renewal decisions would be required upon the new maturity in 2027.
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