brown_city_council_proceedings_november_12_2024.pdf
Sewer Fund CD Renewed with Thumb Bank
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Description
Brown City Council renewed its Sewer Fund Certificate of Deposit with Thumb Bank for six months at a 4% interest rate. The CD has a balance of $120,817.00 and matures on November 15, 2024.
Contract Details
Contract Amount
$120,817.00 at 4% for 6 months
Vendor
THUMB BANK
Agency
City of Brown, MI
Contract Type
FINANCIAL_SERVICES
Document Date
November 12, 2024
Contract Term
6 months beginning November 2024
Renewal Date
2025-05-15
Renewal Info
Renewed at 4% for six months starting November 2024. Renewal follows the original 5% CD.
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