FINANCIAL_SERVICESAPPROVED

RM of Riversdale Awards Financial Services Contract to Westoba Credit Union Ltd (December 2025)

Riverdale Municipality Council authorized an operating line of credit of up to $1,500,000 from Westoba Credit Union Ltd. for fiscal year 2026, secured by current-year tax revenues. The borrowing must be repaid within the 2026 fiscal year at the Credit Union’s prime rate plus an arranged margin.

Status
APPROVED
Document date
December 16, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Westoba Credit Union Ltd
Agency
RM of Riversdale · Canada

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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 amount
Up to $1,500,000.00
Contract type
FINANCIAL_SERVICES
Contract term
Fiscal year 2026; payable within the current fiscal year
Renewal date
2026-12-31
Renewal
This is an annual operating borrowing authorization for 2026 only; any continuation beyond 2026 would require a new council authorization.
Document type
Minutes
Source document
Riverdale Municipality Council Meeting Minutes December 16 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by RM of Riversdale?

Westoba Credit Union Ltd was awarded this financial services contract by RM of Riversdale, as recorded on December 16, 2025. The contract value is Up to $1,500,000.00.

How much is the Westoba Credit Union Ltd contract with RM of Riversdale worth?

The Westoba Credit Union Ltd contract with RM of Riversdale is valued at Up to $1,500,000.00, 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 Riverdale Municipality Council Meeting Minutes December 16 2025 (Minutes), dated December 16, 2025 from RM of Riversdale. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Westoba Credit Union Ltd hold?

Westoba Credit Union Ltd 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 Westoba Credit Union Ltd's profile

What is RM of Riversdale currently buying?

Explore RM of Riversdale's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View RM of Riversdale's profile

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