Jessup Borough Council Meeting Minutes January 2026
Borough Reinvests $139K Treasury with People’s Security Bank
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Description
Jessup Borough Council authorized reinvestment of a matured $139,000 treasury bill into a one-year treasury security at People’s Security Bank. The action continues the borough’s laddered investment strategy with its banking partner.
Contract Details
Contract Amount
$139,000.00
Vendor
PEOPLE’S SECURITY BANK
Agency
Town of Jessup, PA
Contract Type
FINANCIAL_SERVICES
Document Date
January 5, 2026
Contract Term
One (1) year treasury security investment
Renewal Info
One-year treasury security investment as part of a ladder strategy; investment may be reinvested upon maturity subject to future council action.
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