Civic IQ
FINANCIAL_SERVICESONGOING

Town Utilizes State Municipal Depository Trust for Investments

Southborough’s investment policy authorizes participation in the Massachusetts Municipal Depository Trust for investing municipal funds. The pool is used to provide safety, liquidity, and a fair market rate of return on public deposits.

Document date · April 6, 2026

Issuing agencyTown of SouthboroughVendorMassachusetts Municipal Depository Trust

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
Participation is ongoing under state program terms; no discrete renewal date is specified.
Document type
AgendaPacket
Source document
Town of Southborough Select Board Meeting Packet April 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Southborough?

Massachusetts Municipal Depository Trust was awarded this financial services contract by Town of Southborough, as recorded on April 6, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Town of Southborough Select Board Meeting Packet April 2026 (AgendaPacket), dated April 6, 2026 from Town of Southborough. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Massachusetts Municipal Depository Trust hold?

Massachusetts Municipal Depository Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Massachusetts Municipal Depository Trust's profile

What is Town of Southborough currently buying?

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