County Invests $5.8M in Intrafi Money Market
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Description
Kennebec County has invested $5.8 million of its funds in an Intrafi Money Market account with Kennebec Savings Bank. This placement supports liquidity and diversified insured coverage for county investments.
Contract Details
Contract Amount
$5,800,000.00
Vendor
KENNEBEC SAVINGS BANK
Agency
Kennebec County, ME
Contract Type
FINANCIAL_SERVICES
Document Date
March 17, 2026
Renewal Info
No maturity or renewal provisions are stated for the Intrafi Money Market account; investment is ongoing.
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