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Marshall County earns $2.5 million in interest, ends year with $45 million cash on hand

Thursday, January 22, 2026 at 3:00 AM

By Kathy Bottorff

The Marshall County Board of Finance received welcome news Monday when County Treasurer Wendy Tapia presented the 2025 Interest Earned Report, showing the county generated more than $2.5 million in interest revenue last year.

Tapia's detailed report tracked monthly interest earned across the county's five banking institutions: Everwise, First Farmers, First Merchants, Lake City Bank, and Trust Indiana.

The total interest earned from these financial institutions reached $2,528,846.46 for 2025, a substantial revenue stream for the county's coffers.

The Finance Board also approved clearing 32 outstanding warrants that have remained uncashed for more than two years. All of the checks were originally dated in 2023.

The uncashed warrants ranged from as little as 98 cents to as much as $1,883.31. Together, the 32 checks totaled $4,010.93 that will be cleared from the county's books.

According to the December 31, 2025, Cash on Hand Report, Marshall County ended the year with $45,315,667.93 in total cash reserves, demonstrating the county's strong financial position heading into 2026.

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