Village of Rosemont Meeting Minutes 2026-03-23
Rosemont Invests in Middletown Valley Bank CD
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Description
The Village of Rosemont invested reserve funds in a new 18‑month certificate of deposit with Middletown Valley Bank at 3.38% interest, maturing on April 30, 2027. This CD supplements the village’s reserve holdings alongside existing PNC investments.
Contract Details
Vendor
MIDDLETOWN VALLEY BANK
Agency
Rosemont village, MD
Contract Type
FINANCIAL_SERVICES
Document Date
March 23, 2026
Contract Term
18-month certificate of deposit starting October 26, 2025 and maturing April 30, 2027
Renewal Date
2027-04-30
Renewal Info
CD has a fixed 18‑month term ending April 30, 2027; renewal or rollover options are not detailed in the minutes.
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Village of Rosemont Meeting Minutes 2026-03-23
Village of Rosemont Meeting Minutes 2026-03-23
Village of Rosemont Meeting Minutes 2026-03-23
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