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NextGen CD Auction
The table below identifies the results of the NextGen CD auctions and the corresponding maturity schedule.
|
Name of Financial Institution |
Rate |
Maturity Date |
Principal |
|---|---|---|---|
|
March 2011 |
$4,000,000.00 | ||
Ocean Bank |
.50% APR |
03/11/12 |
$4,000,000.00 |
June 2010 |
$1,300,000.00 |
||
Gorham Savings Bank |
.78% APR |
06/09/11 |
$1,300,000.00 |
September 2010 |
$6,200,000.00 |
||
Gorham Savings Bank |
.70% APR |
09/08/11 |
$2,200,000.00 |
TD Banknorth |
.10% APR |
09/08/11 |
$4,000,000.00 |
December 2010 BONUS |
$500,000.00 |
||
Gorham Savings |
.29% APR |
12/17/11 |
$500,000.00 |
