City Renews $80,000 CD With PNC Bank
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Description
The City of Bellemeade renewed a certificate of deposit with PNC Bank, maintaining $80,000 at a 4% rate for a four-month term. This action continues the city’s financial services relationship for short-term investment of public funds.
Contract Details
Contract Amount
$80,000
Vendor
PNC BANK
Agency
City of Bellemeade, KY
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2025
Contract Term
4 months
Renewal Info
Certificate of deposit renewed at 4% for a four-month term with $80,000 remaining at PNC Bank; future renewal or reinvestment to be determined at maturity.
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city_of_bellemeade_commission_meeting_minutes_augu.pdf
city_of_bellemeade_commission_meeting_minutes_augu.pdf
city_of_bellemeade_commission_meeting_minutes_augu.pdf
city_of_bellemeade_commission_meeting_minutes_augu.pdf
city_of_bellemeade_commission_meeting_minutes_may.pdf
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