Town of Barre Board Meeting Minutes March 2026
Second River Bank CD Renewed for One Year
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Description
The Town of Barre Board renewed a $34,051.73 certificate of deposit with River Bank for a 12‑month term to preserve flexibility for upcoming road projects. The renewal shortens the term from the 36‑month option at 3.5%.
Contract Details
Contract Amount
$34,051.73
Vendor
RIVER BANK
Agency
Town of Barre, WI
Contract Type
FINANCIAL_SERVICES
Document Date
March 10, 2026
Contract Term
12 months starting 4/13/26 (CD renewal)
Renewal Date
2027-04-13
Renewal Info
Existing CD maturing 4/13/26 was renewed for a 12‑month term instead of 36 months, with reference to a 3.5% rate as of 3/9/26.
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