Sheldon City Manager Touts Benefit Of Seeking Better Interest Rates

Sheldon, Iowa — The City of Sheldon is earning more interest on bank accounts than they were previously.

That’s from Sheldon City Manager Sam Kooiker. He says it was due to a request for proposals that the City made recently.

Kooiker even suggests that other communities’ city councils take a look at requesting banking proposals to help their financial situation.

The council approved the five-year proposal from Peoples Bank in early August.

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