City of Yerington Awards Financial Services Contract to Morgan Capital (April 2026)
City of YeringtonCity · NV- Disclosed value
- $500,000.00 principal reinvested into two C.D.s not to exceed $250,000.00 each
- From agenda
- Approved
- Apr 13, 2026
The 30-second brief
Yerington City Council authorized reinvestment of $500,000 in maturing certificates of deposit through Morgan Capital, split into two insured accounts of up to $250,000 each. The deposits will be placed in 18‑month and 24‑month terms to lock in current interest rates.
Morgan Capital holds this financial services contract with City of Yerington. Its other public contracts on record include work for Metropolitan Airports Commission.
Term as filed: Two certificates of deposit with terms of 18 months and 24 months.
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Contract details
- Contract type
- Financial Services
- Amount
- $500,000.00 principal reinvested into two C.D.s not to exceed $250,000.00 each
- Document date
- April 13, 2026
- Term
- Two certificates of deposit with terms of 18 months and 24 months
- Vendor
- Morgan Capital
- Agency
- City of Yerington
- Source document
- Yerington City Council Meeting Agenda April 13 2026 (Agenda)
Morgan Capital's other public contracts
More City of Yerington contracts
Questions about this contract
Who was awarded the financial services contract by City of Yerington?
Morgan Capital was awarded this financial services contract by City of Yerington, as recorded on April 13, 2026. The contract value is $500,000.00 principal reinvested into two C.D.s not to exceed $250,000.00 each.
How much is the Morgan Capital contract with City of Yerington worth?
The Morgan Capital contract with City of Yerington is valued at $500,000.00 principal reinvested into two C.D.s not to exceed $250,000.00 each, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Yerington City Council Meeting Agenda April 13 2026 (Agenda), dated April 13, 2026 from City of Yerington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Morgan Capital hold?
Morgan Capital may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Yerington currently buying?
Explore City of Yerington's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.