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Village rolls three matured CDs into new 12–18–24 month terms

Board of Trustees of the Village of Denton · March 3, 2025
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Summary

Three matured certificates of deposit were rolled into new CDs: $250,000 at 4.2% (12 months), $250,000 at 4.25% (18 months) and $250,000 at 4.3% (2 years).

The board reported that three matured certificates of deposit were rolled into new CDs with Pinnacle Wealth Management: $250,000 at 4.2% for 12 months; $250,000 at 4.25% for 18 months; and $250,000 at 4.3% for two years.

No additional investment decisions were recorded during the meeting.