Board of Supervisors Meeting Minutes April 2026
Board Approves Consolidation of Mid Penn CDs
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Description
Supervisors approved consolidating two $113,000 certificates of deposit at Mid Penn into a single CD when they mature on April 16, 2026, directing staff to secure the best available rate. The action restructures the township’s investments while keeping funds at the same bank.
Contract Details
Vendor
MID PENN
Agency
Town of Wheatfield, ND
Contract Type
FINANCIAL_SERVICES
Document Date
April 6, 2026
Contract Term
3 CDs maturing April 16, 2026; two $113,000 CDs to be consolidated into one CD
Renewal Info
Board authorized consolidation of two smaller Mid Penn CDs into one CD upon April 16, 2026 maturity, with instructions to obtain the best rate; detailed term to be set at time of consolidation.
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