Committee approves Phelps CD renewal and sub-account plan

Jul 7, 2026

The committee voted to renew a Phelps CD for seven months at Ergo Bank and directed staff to implement Pat's recommendation on sub accounts, motions that passed July 7.

The full story

The Finance, Personnel & Safety Committee approved renewing the Phelps certificate of deposit for seven months at Ergo Bank after a motion moved by Rich and seconded by Joe. The renewal was recorded in the July 7 minutes as passed.

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