troy_township_trustees_regular_meeting_minutes_aug.pdf
Trustees Approve Investment Actions Involving Park National
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Description
Troy Township trustees approved the Fiscal Officer’s investment plan involving Park National, moving funds into CDARs certificates of deposit and money market accounts. The action reallocates township cash holdings for improved returns while maintaining liquidity.
Contract Details
Contract Amount
$400,000 in CDARs certificates of deposit; $400,000 in StarOhio; $100,000 transfer between Park National accounts
Vendor
PARK NATIONAL
Agency
Town of Troy, OH
Contract Type
FINANCIAL_SERVICES
Document Date
August 25, 2025
Renewal Info
Ongoing banking and depository relationship with Park National; specific term for accounts and services not detailed in minutes.
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