Town of Smithfield Selectmen's Meeting Minutes March 2026
Town Keeps Certificate of Deposit with Skowhegan Savings
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Description
The Town of Smithfield selectmen agreed to maintain the town’s certificate of deposit and banking relationship with Skowhegan Savings after discussion of alternative banks and interest rates. Officials cited the existing trustworthy relationship and potential penalties for moving the funds.
Contract Details
Vendor
SKOWHEGAN SAVINGS
Agency
Town of Smithfield, ME
Contract Type
FINANCIAL_SERVICES
Document Date
March 17, 2026
Renewal Info
Ongoing banking and CD relationship; no change or transfer to another bank was authorized.
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