Civic IQ
FINANCIAL_SERVICESAPPROVED

Town of Greenback Meeting of Mayor and Aldermen Minutes April 2026

Town invests $900,000 CD with local bank

$900,000City of GreenbackPEOPLE’S BANK OF VONOREApril 14, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Town of Greenback approved investing $900,000 in a 90-day certificate of deposit with People’s Bank of Vonore. The action provides short-term investment of municipal funds under a board-approved financial arrangement.

Contract Details

Contract Amount

$900,000

Vendor

PEOPLE’S BANK OF VONORE

Agency

City of Greenback, TN

Contract Type

FINANCIAL_SERVICES

Document Date

April 14, 2026

Contract Term

90 day CD investment

Renewal Info

Single 90-day certificate of deposit; any renewal or rollover would require future action or bank instructions not specified in the minutes.

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