FINANCIAL_SERVICESAPPROVED

Rural Municipality of Loreburn No. 254 Awards Financial Services Contract to Prosperity Credit Union (December 2025)

The RM of Loreburn No. 254 approved reinvesting multiple term deposits totaling over $2.2 million with Prosperity Credit Union, including one 1‑year non-redeemable term and several redeemable terms starting December 19, 2025. The motion formalizes the municipality’s investment structure for the coming year.

Status
APPROVED
Document date
December 16, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Prosperity Credit Union
Agency
Rural Municipality of Loreburn No. 254 · Canada

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
$500,000 into a 1-year Non-Redeemable Term; 3 Redeemable Terms of $500,000 each; 1 Redeemable Term of $226,894.04
Contract type
FINANCIAL_SERVICES
Contract term
Starting December 19, 2025; one 1-year non-redeemable term and four redeemable terms
Renewal date
2026-12-19
Renewal
One non-redeemable one-year term maturing approximately December 19, 2026; four redeemable terms with flexible redemption provisions.
Document type
Minutes
Source document
Rural Municipality of Loreburn No. 254 Minutes 2025-12-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Rural Municipality of Loreburn No. 254?

Prosperity Credit Union was awarded this financial services contract by Rural Municipality of Loreburn No. 254, as recorded on December 16, 2025. The contract value is $500,000 into a 1-year Non-Redeemable Term; 3 Redeemable Terms of $500,000 each; 1 Redeemable Term of $226,894.04.

How much is the Prosperity Credit Union contract with Rural Municipality of Loreburn No. 254 worth?

The Prosperity Credit Union contract with Rural Municipality of Loreburn No. 254 is valued at $500,000 into a 1-year Non-Redeemable Term; 3 Redeemable Terms of $500,000 each; 1 Redeemable Term of $226,894.04, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Rural Municipality of Loreburn No. 254 Minutes 2025-12-16 (Minutes), dated December 16, 2025 from Rural Municipality of Loreburn No. 254. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Prosperity Credit Union hold?

Prosperity Credit Union 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 Prosperity Credit Union's profile

What is Rural Municipality of Loreburn No. 254 currently buying?

Explore Rural Municipality of Loreburn No. 254's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Rural Municipality of Loreburn No. 254's profile

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