Carmi Township Meeting Minutes April 14, 2026
Township Shifts Money Market Account From Banterra
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Description
Carmi Township voted to move its Money Market funds away from Banterra to First Bank, altering its existing banking relationship with Banterra. The change is driven by more favorable rates and securities offered by the new institution.
Contract Details
Vendor
BANTERRA
Agency
Town of Carmi, IL
Contract Type
FINANCIAL_SERVICES
Document Date
April 14, 2026
Renewal Info
Existing depository arrangement for Money Market funds with Banterra is being changed as funds are transferred to First Bank; no further renewal terms specified.
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