Veale Township 2025 Investment Report
Township CD Investments Continued With Crane Credit Union
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Description
Veale Township continued its investment program with Crane Credit Union in 2025, placing multiple Certificates of Deposit for both the Township and Township Assistance Funds. These CD investments generated a combined $3,560.54 in interest earnings, with most principal amounts reinvested upon maturity.
Contract Details
Contract Amount
$50,000, $15,000, $40,000, $11,000, $11,306.80 (principal amounts for various CDs)
Vendor
CRANE CREDIT UNION
Agency
Town of Veale, IN
Contract Type
FINANCIAL_SERVICES
Document Date
January 30, 2026
Contract Term
Multiple CDs including 7‑month terms maturing on 6/5/2025, 6/18/2025, and 7/27/2025
Renewal Info
CDs were sold at maturity in June and July 2025 with principal generally reinvested, indicating a rolling renewal strategy into new deposits; specific future maturity dates are not provided.
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approvedMore from Town of Veale
Veale Township 2025 Investment Report
Veale Township 2025 Investment Report
Veale Township Board Meeting Minutes January 2026
Veale Township Board Meeting Agenda - January 5, 2026
Veale Township Board Meeting Minutes January 2026
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