Madera Cemetery District Minutes Regular Board Meeting 2026-03-24
Madera Cemetery District Places Funds in Ever Bank CD
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Description
The Madera Cemetery District invested a share of its maturing Preneed and Endowment Interest balances into an Ever Bank certificate of deposit. This CD is part of the District’s diversified investment approach for cemetery trust funds.
Contract Details
Contract Amount
$446,000 Preneed funds; $32,799 Endowment interest (portion invested)
Vendor
EVER BANK
Agency
Madera Cemetery dist, CA
Contract Type
FINANCIAL_SERVICES
Document Date
March 24, 2026
Renewal Info
CD will run to its maturity date, after which the District may renew or reallocate; specific maturity and renewal options are not detailed.
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