Township Extends State Bank CD to 18 Months
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Description
Roland Township Board approved transferring $75,000 from checking into a maturing State Bank CD and extending its term from 6 to 18 months. The action is intended to secure a better interest rate on township funds.
Contract Details
Vendor
STATE BANK
Agency
Town of Roland, ND
Contract Type
FINANCIAL_SERVICES
Document Date
April 13, 2026
Contract Term
18 months
Renewal Info
Existing State Bank CD term amended from 6 to 18 months at maturity; future rollover terms not specified.
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