Stories tagged with: Investment Committee

September 20, 2012 - 5:28pm
3 years 43 weeks ago

Interest rates have hit a historic low, which is bad news for Muskingum County.

County Treasurer Carol Friel and Jody Spencer from Century National Bank joined Commissioners Jerry Lavy and Jim Porter for an Investment Committee meeting.  Friel said the local economy has slowly declined over the years.

"We're all remembering the recession that we're just coming out of," said Friel.  "I'm not seeing that we're out of it yet, because we rely on the interest...

June 4, 2012 - 5:24pm
4 years 7 weeks ago

The Muskingum County Commissioners held an investment committee meeting on Monday.

The committee is comprised of Commissioners Jerry Lavy and Jim Porter along with Muskingum County Treasurer Carol Friel.  Friel said it's important to keep the commissioners up-to-date on the county's investments.

"Our biggest challenge as a county is to get our real estate taxes paid, and that is the major focus of the treasurer's office," said Friel.  "We want those real...

January 13, 2011 - 11:27pm
5 years 27 weeks ago

The Muskingum County Investment Committee discussed the status of investments with the county commissioners Thursday.

With 50 million dollars invested total, Century National Bank holds approximately one third of the county's investments totaling around 18 million dollars. Century National Bank Vice President and Trust Officer Jody Spencer says interest rates play a critical roll in investment returns and will not be an overnight fix, especially in a downturned economy.


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