Penn Township Municipal Authority Awards Financial Services Contract to Central Penn Bank & Trust (October 2026)
Penn Township Municipal AuthoritySpecial District · Selinsgrove, PA- Disclosed value
- $1,000,000.00; $1,000,000.00; remaining balance of maturing CD
- From minutes
- Approved
- Oct 1, 2026
The 30-second brief
Penn Township Municipal Authority approved three new Sewer CDs with Central Penn Bank and Trust using funds from a maturing certificate. The CDs total two $1 million deposits plus the remaining balance, with terms of 18, 36, and 24 months.
Central Penn Bank & Trust holds this financial services contract with Penn Township Municipal Authority. Its other public contracts on record include work for Snyder County and Borough of Lewisburg.
Term as filed: 18 months at 4.23% / 4.30% APY; 36 months at 4.33% / 4.40% APY; 24 months for remaining balance at 4.28% / 4.35% APY.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,000,000.00; $1,000,000.00; remaining balance of maturing CD
- Document date
- October 1, 2026
- Term
- 18 months at 4.23% / 4.30% APY; 36 months at 4.33% / 4.40% APY; 24 months for remaining balance at 4.28% / 4.35% APY
- Vendor
- Central Penn Bank & Trust
- Source document
- Penn Township Municipal Authority Minutes Regularly Scheduled Meeting October 1, 2026 (Minutes)
Central Penn Bank & Trust's other public contracts
More Penn Township Municipal Authority contracts
Questions about this contract
Who was awarded the financial services contract by Penn Township Municipal Authority?
Central Penn Bank & Trust was awarded this financial services contract by Penn Township Municipal Authority, as recorded on October 1, 2026. The contract value is $1,000,000.00; $1,000,000.00; remaining balance of maturing CD.
How much is the Central Penn Bank & Trust contract with Penn Township Municipal Authority worth?
The Central Penn Bank & Trust contract with Penn Township Municipal Authority is valued at $1,000,000.00; $1,000,000.00; remaining balance of maturing CD, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Penn Township Municipal Authority Minutes Regularly Scheduled Meeting October 1, 2026 (Minutes), dated October 1, 2026 from Penn Township Municipal Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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