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FINANCIAL_SERVICESDISCUSSED

town-of-bowdoinham-select-board-meeting-minutes-september-9-2025_351.pdf

Town opts not to renew CDs with Androscoggin

Town of BowdoinhamANDROSCOGGINSeptember 9, 2025

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

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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