Township Reinvests $768K CD with FCCB
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Description
Jackson Township Supervisors approved reinvesting a maturing CD of about $768,194.09 with FCCB at 3.85% for a 9‑month term, requesting waiver of the $10,000 new money fee. The motion for this banking arrangement passed unanimously.
Contract Details
Contract Amount
approximately $768,194.09 at 3.85% for 9 months
Vendor
FCCB
Agency
Town of Jackson, PA
Contract Type
FINANCIAL_SERVICES
Document Date
March 2, 2026
Contract Term
9 months
Renewal Info
Single 9‑month CD investment; renewal or reinvestment decisions will be required at maturity.
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