County renews $1M CD with Peoples Bank
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Description
Bracken County Fiscal Court voted to roll over a $1 million certificate of deposit plus interest with Peoples Bank for another 52 weeks at a 3.39% rate. Officials cited support for keeping banking services local despite slightly better rates available elsewhere.
Contract Details
Contract Amount
1 million dollars plus interest (CD balance)
Vendor
PEOPLES BANK
Agency
Bracken County, KY
Contract Type
FINANCIAL_SERVICES
Document Date
January 28, 2026
Contract Term
52 weeks at 3.39% interest
Renewal Date
2027-01-28
Renewal Info
Existing 12‑month certificate of deposit renewed for an additional 52 weeks at 3.39% interest.
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Bracken County Fiscal Court Meeting Minutes January 2026
Bracken County Fiscal Court Meeting Minutes January 2026
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Bracken County Fiscal Court Meeting Minutes July 2025
Bracken County Fiscal Court Regular Meeting Agenda July 9, 2025
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