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Juneau Public Library board places county reimbursement into nine‑month CD at 3.45%
Summary
Trustees voted March 11 to place county reimbursement funds received in 2026 (for 2024 services) into a nine‑month certificate of deposit at Landmark Credit Union earning 3.45%; the minutes do not state the deposit amount.
The Juneau Public Library Board of Trustees voted March 11 to place county reimbursement funds received in 2026 into a nine‑month certificate of deposit at Landmark Credit Union yielding 3.45 percent, according to the meeting minutes.
Wendy Jo Smedema, the board secretary, moved the placement of the funds; Trustee Jean Haan seconded and the motion carried. Minutes specify the funds are reimbursement based on 2024 services but do not list a dollar amount for the deposit.
The minutes do not record a roll‑call tally or additional restrictions on the funds. Trustees also reviewed the city treasurer's and the library's financial reports earlier in the meeting. The board will meet again April 8, 2026.
