Howe Township Board of Supervisors Meeting Minutes April 2025
Township Renews Certificate of Deposit with Pennian Bank
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Description
Howe Township ratified the renewal of its Certificate of Deposit with Pennian Bank for six months at 4.04% APY and a balance of $117,254.03. The renewed CD matured on March 27, 2025 and continues township investment services.
Contract Details
Contract Amount
$117,254.03
Vendor
PENNAN BANK
Agency
Town of Howe, PA
Contract Type
FINANCIAL_SERVICES
Document Date
April 3, 2025
Contract Term
6 months at 4.04% APY (from March 27, 2025)
Renewal Date
2025-09-27
Renewal Info
CD renewed for 6 months at 4.04% APY. It is implied this is a recurring/rollover instrument.
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