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Board approves short-term CD at First National to retain liquidity
2889951 · March 25, 2025
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Summary
Board voted to accept an 11-month CD at First National after staff presented competing offers; members favored flexibility amid uncertain interest-rate conditions.
At a regular meeting, the Harts and Trails Water & Sewer Utility Board approved a motion to accept an 11-month certificate of deposit at First National, a move board members said preserves flexibility while earning a higher short-term yield.
Board discussion reviewed rate proposals included in the meeting packet.…
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