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FINANCIAL_SERVICESAPPROVED

stonington-fire-protection-districtmeeting-minutes2023-09-06_a55.pdf

Village Invests $15,000 in 9-Month CD at Higher Rate

$15,000Stonington Fire Protection DistrictFIRST NATIONAL BANK OF NOKOMISSeptember 6, 2023

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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 Village Board approved the closure of a $15,000 CD at First National Bank of Nokomis and reinvestment into a 9-month CD with a higher interest rate. Debbie Niles and Tammy Wilson were approved as new 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

Board authorized closure and new investment with new signers. Standard financial action—renewal sets new 9-month term.

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