lena_library_board_meeting_minutes_october_2025.pdf
Library Invests $100,000 In Community Bank CD
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Description
The Lena Community District Library moved $100,000 into a 6‑month certificate of deposit at Community Bank at a 4.15% interest rate. This action reallocates funds from LSB accounts into a short-term investment vehicle.
Contract Details
Contract Amount
$100,000
Vendor
COMMUNITY BANK
Agency
Lena Community District Library, IL
Contract Type
FINANCIAL_SERVICES
Document Date
October 14, 2025
Contract Term
6 month CD at 4.15% interest
Renewal Info
Six-month CD; renewal or rollover decision will be required at maturity.
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