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