FINANCIAL_SERVICESAPPROVED

City of Madison Awards Financial Services Contract to Mutual Credit Union (July 2026)

Madison will accept Irrevocable Letter of Credit No. 16-0420-01 from Mutual Credit Union securing improvements at 110 Greenridge Drive for Gleb and Olga Ostrovsky. The letter of credit serves as financial assurance for required development obligations.

Status
APPROVED
Document date
July 21, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Mutual Credit Union
Agency
City of Madison · MS

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
Specific expiration or renewal conditions of the letter of credit are not provided in the agenda.
Document type
Agenda
Source document
City of Madison Mayor and Board of Aldermen Agenda 2026-07-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Madison?

Mutual Credit Union was awarded this financial services contract by City of Madison, as recorded on July 21, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Madison Mayor and Board of Aldermen Agenda 2026-07-21 (Agenda), dated July 21, 2026 from City of Madison. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mutual Credit Union hold?

Mutual 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 Mutual Credit Union's profile

What is City of Madison currently buying?

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

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