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McDonald County approves 6-month rollover of maturing CD at 4.28%
Summary
County Commissioners approved the rollover of maturing certificate of deposit #267740 for six months at a 4.28% interest rate; Treasurer Fuller presented the option and the motion passed unanimously.
McDonald County Commissioners approved a six-month rollover of certificate of deposit #267740 at an interest rate of 4.28% during the Aug. 11 meeting.
County Treasurer Fuller presented the maturing CD to commissioners for consideration. Eastern Commissioner Jamey Cope moved to rollover the CD for an additional six months at a 4.28% rate, with Western Commissioner Rick Lett seconding. The motion carried with all commissioners present voting in favor. The minutes record the new maturity as February 2026.
The minutes do not record alternative investment offers, the account institution name, or the precise reinvestment instructions beyond the six-month rollover and rate; no funding reallocations or budgetary actions were recorded in connection with the rollover.
