Washington Police Pension Fund Quarterly Board Meeting Agenda April 2026
Board To Ratify Washington State Bank CD Reinvestment
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Description
The Washington Police Pension Board plans to ratify a 1-year $275,000 certificate of deposit reinvestment with Washington State Bank at 3.65% interest following redemption of a prior CD. The action formalizes an investment made via phone or memo approval.
Contract Details
Contract Amount
$275,144.47 (redeemed) and $275,000 (new 1-yr CD)
Vendor
WASHINGTON STATE BANK
Agency
Washington Park village, IL
Contract Type
FINANCIAL_SERVICES
Document Date
April 26, 2026
Contract Term
1-year certificate of deposit at 3.65% interest, purchased 02/20/2026
Renewal Date
2027-02-20
Renewal Info
CD rolled over upon maturity on 02/20/2026 into a new 1-year term at 3.65%. Future renewals will depend on Board direction at next maturity.
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Washington Police Pension Fund Quarterly Board Meeting Agenda April 2026
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