Gretna Town Council Minutes October 2025
Town Moves Cemetery CD to Carter Bank at 3.68%
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Description
The Gretna Town Council approved moving the Cemetery Trust Fund certificate of deposit to a 7‑month term at Carter Bank & Trust at an interest rate of 3.68%. This action is intended to improve earnings on cemetery trust funds compared to the prior rate.
Contract Details
Vendor
CARTER BANK & TRUST
Agency
Town of Gretna, VA
Contract Type
FINANCIAL_SERVICES
Document Date
October 21, 2025
Contract Term
7-month term
Renewal Info
Single 7‑month CD term at 3.68% interest; renewal or rollover after maturity not specified.
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