CONTRACTONGOING

Town opens investment accounts with Capital Management Trust

Document date: Oct 8, 2025

What it covers

The Town of Stem has established General Fund and Stormwater accounts with Capital Management Trust, which will provide approximately 4% interest without penalty. Funds will be transferred into these accounts as part of the Town’s cash management strategy.

Who holds it

Capital Management Trust holds this financial services contract with Town of Stem. Its other public contracts on record include work for Town of Wagram and Town of East Bend.

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Contract details

Contract type: Financial Services
Document date: October 8, 2025
Vendor: Capital Management Trust
Agency: Town of Stem
Source document: town_of_stem_board_of_commissioners_meeting_minute.pdf (Minutes)

Capital Management Trust's other public contracts

Town of Wagram, North CarolinaWagram Discusses Investments With Capital Management Trust · May 7, 2026Undisclosed Town of East Bend, North CarolinaCapital Management Trust investment seeing positive results · Nov 10, 2025Undisclosed Town of Rutherford College town, North CarolinaFunds being transferred to trust. · Apr 7, 2025Undisclosed Town of Rutherford College town, North CarolinaRutherford College approves Capital Management Trust fund transfer · Apr 7, 2025Undisclosed Town of Vanceboro, North CarolinaVanceboro invests $1M for higher interest earnings · Mar 3, 2025$1M All Capital Management Trust contractsVendor profile

More Town of Stem contracts

Granville Search and RescueStem Discusses Funding Request from Search and Rescue · Sep 9, 2026Undisclosed C3 DesignC3 Design Hired for Stormwater Assessment · Aug 12, 2026Undisclosed Waves, Winston, Creech & EvansStem Shifts Payroll Processing Through CPA Firm · Aug 12, 2026 CAMPOStem Adopts CAMPO Regional Planning Study · Aug 12, 2026Undisclosed Encode PlusStem Launches Encode Plus Ordinance Rewrite · Aug 12, 2026Undisclosed All Town of Stem activityAgency profile

Questions about this contract

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

Capital Management Trust was awarded this financial services contract by Town of Stem, as recorded on October 8, 2025.

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 town_of_stem_board_of_commissioners_meeting_minute.pdf (Minutes), dated October 8, 2025 from Town of Stem. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Capital Management Trust hold?

Capital Management 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.

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What is Town of Stem currently buying?

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

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