Board Approves New 9-Month CD with First National Bank of Nokomis
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Description
Stonington Village Board approved closing a $15,000 CD at First National Bank of Nokomis and reinvesting the funds into a new 9-month CD with improved interest, naming Debbie Niles and Tammy Wilson as account signers.
Contract Details
Contract Amount
$15,000
Vendor
FIRST NATIONAL BANK OF NOKOMIS
Agency
Stonington Fire Protection District, IL
Contract Type
FINANCIAL_SERVICES
Document Date
September 6, 2023
Contract Term
9 months
Renewal Date
2024-06-06
Renewal Info
New 9-month CD replaces previous low-rate CD; authorized signers updated. Renewal or reinvestment to occur at end of term.
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