Jessup Borough Council Meeting Minutes October 2025
Jessup Reinvests $138K in Treasury at People’s Security Bank
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Description
Jessup Borough Council authorized reinvestment of $138,000 in matured U.S. Treasury bill proceeds into a one‑year Treasury security at People’s Security Bank. The action continues the borough’s laddered investment strategy.
Contract Details
Contract Amount
$138,000.00
Vendor
PEOPLE’S SECURITY BANK
Agency
Town of Jessup, PA
Contract Type
FINANCIAL_SERVICES
Document Date
October 1, 2025
Contract Term
one (1) year Treasury security investment
Renewal Info
One‑year investment; future reinvestment or rollover options not specified in the minutes.
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