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FINANCIAL_SERVICESAPPROVED

manhattan_elwood_public_library_district_board_min.pdf

Library invests $200K in one-year PMA CD

$200,000Manhattan Public Library DistrictPMASeptember 22, 2025

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Manhattan-Elwood Public Library District approved investing $200,000 into a one-year high yield certificate of deposit with PMA following the maturity of existing CDs. The action reallocates certificate fund balances into a higher-yield financial product.

Contract Details

Contract Amount

$200,000

Vendor

PMA

Agency

Manhattan Public Library District, IL

Contract Type

FINANCIAL_SERVICES

Document Date

September 22, 2025

Contract Term

1-year certificate of deposit

Renewal Info

One-year CD investment; renewal or reinvestment to be considered at maturity based on available rates.

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