CONTRACTAPPROVED

Town of Manchester-by-the-Sea Awards Investment Contract to Cape Ann Savings (August 2025)

Town of Manchester-by-the-Sea logoTown of Manchester-by-the-Sea
Approved
Aug 20, 2025
Term
15 months

The 30-second brief

What it covers

The Affordable Housing Trust approved investing approximately $900,000 in CDs with Cape Ann Savings for up to 15 months at a rate of 4.05%.

Who holds it

Cape Ann Savings holds this investment contract with Town of Manchester-by-the-Sea. Its other public contracts on record include work for City of Gloucester.

What happens next

Term as filed: 15 months.

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Contract details

Contract type
Investment
Document date
August 20, 2025
Term
15 months
Source document
manchester-by-the-sea-affordable-housing-trust-minutes-august-20-2025_b61.pdf (Minutes)

Cape Ann Savings's other public contracts

More Town of Manchester-by-the-Sea contracts

Questions about this contract

Who was awarded the investment contract by Town of Manchester-by-the-Sea?

Cape Ann Savings was awarded this investment contract by Town of Manchester-by-the-Sea, as recorded on August 20, 2025.

What type of contract is this?

This is a Investment contract, documented as a minutes record.

Where was this contract approved?

This contract appears in manchester-by-the-sea-affordable-housing-trust-minutes-august-20-2025_b61.pdf (Minutes), dated August 20, 2025 from Town of Manchester-by-the-Sea. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cape Ann Savings hold?

Cape Ann Savings 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 Manchester-by-the-Sea currently buying?

Explore Town of Manchester-by-the-Sea's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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