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Board approves check register, returns escrow and authorizes short-term CD purchase
Summary
The board approved Victory Bank check numbers 2381–2433, returned escrow to Stephen Riemer and authorized purchase of a 12‑month PLGIT CD with maturity values not to exceed $250,000; the check register showed an ending balance of $175,691.56.
The board approved routine financial business at its Aug. 26 meeting, including the Victory Bank check register (checks 2381–2433), the return of escrow for Stephen Riemer and the purchase of a 12‑month PLGIT certificate of deposit with maturity values capped at $250,000.
Mr. Strauss presented the check register, listing a beginning balance of $167,088.06, deposits of $1,363,897.34 and disbursements of $1,355,293.84, leaving an ending balance of $175,691.56 as of Aug. 25, 2025. Each motion was seconded and passed unanimously. The minutes record that the board approved all EFTs and journal entries associated with the register.
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