Pulaski County Board of Finance Votes to Keep Cash Management at First National Bank of Monterey

Pulaski County is sticking with First National Bank of Monterey for its cash management. The county’s board of finance officially approved the bank’s bid Monday, at the recommendation of Treasurer Teresa Bryant. “As usual with First National, they never charge us any fees for anything and give us the best interest rate,” she explained. “1st Source really stepped up their game, as far as offering more services as far as security, but unfortunately, they’d still charge us fees.”

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Pulaski County Commissioners Consider Banking Bids, Email Quotes

Pulaski County Commissioners: Mike McClure, Jerry Locke, Kenny Becker

Pulaski County officials continue to consider proposals for banking services and a new email system. When the county commissioners and Treasurer Teresa Bryant convened as the board of finance last week, she said the county got four bids from local banks for cash management services.

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Pulaski County Saw Significant Return on Investments in 2018

Pulaski County’s investments had a good year in 2018. During Tuesday’s board of finance meeting, Treasurer Teresa Bryant reported that the county earned almost $73,000 in interest off of its $4,250,000 in investments, plus more than $316,000 from its cash management account. “The last half of 2018 has been really extremely good, compared to what it has been,” she said.

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Ambulance Bids, Bridge Contract to be Discussed During Pulaski County Commissioners Meeting

Pulaski County Commissioners: Mike McClure, Jerry Locke, Kenny Becker

Ambulance bids are expected to be discussed during this morning’s Pulaski County Commissioners meeting. The EMS Department had planned to purchase a truck this year. County officials have also been exploring the possibility of renting an ambulance or using a lease purchase agreement to spread out the payments.

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Pulaski County Board of Finance Wants to Work with Financial Advisor to Boost Investment Returns

Pulaski County may be looking to adjust its investment strategy. During the annual board of finance meeting this month, Treasurer Teresa Bryant reported that the county’s investments did well in 2017. “Our interest has really been coming up on our CDs, which we are still currently doing the $4,250,000 in CDs,” she explained. “We made a little over $31,102.50 on interest for those CDs. And then our checking account is actually doing really well as far as interest, a lot better than it has in the past. We earned $145,262.20.”

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