Village Reinvests $411K CD at Farmers & Merchants Bank
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Description
The Village Board authorized reinvesting a $411,499.02 certificate of deposit into a new 9‑month CD with Farmers & Merchants Bank upon maturity on March 20. This action continues the village’s banking relationship and investment strategy.
Contract Details
Contract Amount
$411,499.02
Vendor
FARMERS & MERCHANTS BANK
Agency
Beaver Crossing village, NE
Contract Type
FINANCIAL_SERVICES
Document Date
March 11, 2026
Contract Term
9-month certificate of deposit starting at maturity March 20
Renewal Date
2026-12-20
Renewal Info
Existing CD to roll into a new 9‑month term at Farmers & Merchants Bank upon March 20 maturity.
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Beaver Crossing Village Board of Trustees Minutes 2026-04-08
Beaver Crossing Village Board of Trustees Minutes 2026-04-08
Beaver Crossing Village Board of Trustees Minutes 2026-04-08
Beaver Crossing Village Board of Trustees Meeting Minutes March 2026
Beaver Crossing Village Board of Trustees Meeting Minutes March 2026
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