KATLC Board of Directors Meeting
As an example, the brokered CDs are divided out at 6 CDs for $100,000 each over a four year period of time (1 yr; 2 yr. 3 yr and 4 yr., etc.). One CD would mature every year. CD interest could continue to be automatically transferred to the money market account. Additional balance of funds could be placed in a structured CD. ................
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