Town opts not to renew CDs with Androscoggin
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Description
The Town Manager reported that Bowdoinham chose not to renew its certificates of deposit with Androscoggin. The Town is reallocating its investments to other institutions offering better rates.
Contract Details
Vendor
ANDROSCOGGIN
Agency
Town of Bowdoinham, ME
Contract Type
FINANCIAL_SERVICES
Document Date
September 9, 2025
Renewal Info
CDs with Androscoggin were allowed to mature without renewal; no future renewal is planned per this report.
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