Council approves Resolution 9-2026 to open high-yield savings accounts at Citadel Bank
Summary
Modena council voted unanimously to approve Resolution 9-2026 authorizing high-yield savings accounts at Citadel Bank; the motion was made by Council member Sherman and seconded by Council member Gallagher.
The Borough of Modena Council approved Resolution 9-2026 on May 18 to open high-yield savings accounts at Citadel Bank. Council member Sherman made the motion and Council member Gallagher seconded; the resolution was approved by all members present.
The minutes list the item under unfinished business and present the motion as passed without further amendment. No dollar amounts or account setup dates were included in the minutes; the resolution authorizes the bank accounts but details will be administratively implemented.
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