Monroe Fire Protection District Agenda 2026-06-10
District Invests Rainy-Day Funds in Bank CDs
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Description
Monroe Fire Protection District purchased three 12‑month certificates of deposit of $500,000 each from The People’s State Bank, investing Rainy-Day savings funds into short-term instruments. The CDs will provide secure interest earnings over the one-year term.
Contract Details
Contract Amount
three $500,000.00 12-month CDs
Vendor
PEOPLE’S STATE BANK
Agency
Monroe Fire Protection District, IN
Contract Type
FINANCIAL_SERVICES
Document Date
June 10, 2026
Contract Term
12 months
Renewal Date
2027-05-13
Renewal Info
CDs mature in 12 months at which time they may be rolled over or redeemed based on board direction.
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Monroe Fire Protection District Agenda 2026-06-10
Monroe Fire Protection District Agenda 2026-06-10
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