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Clarks trustees move maturing CD to NPAIT
Summary
With CD #9308 maturing Oct. 10, the board voted 4-0 on Oct. 8 to transfer the matured funds from the Bank of Clarks to NPAIT; motion made by Trustee Dylan Drummond and seconded by Trustee Christopher Langley.
Trustee Dylan Drummond moved on Oct. 8 to move the funds from Certificate of Deposit #9308, which matures Oct. 10, 2025, from the Bank of Clarks into NPAIT; Trustee Christopher Langley seconded. The board approved the transfer by roll-call vote, with Langley, Drummond, Chairman Donn Glynn and Dyrek Zoucha voting yes and Trustee James Parsons absent.
The board discussed rates at the Bank of Clarks before voting to transfer the maturing CD to NPAIT. Members did not record any separate conditions or contingencies tied to the transfer in the minutes.
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