FINANCIAL_SERVICESAPPROVED

Village of Linden Awards Financial Services Contract to Servus Credit Union (April 2026)

The Village of Linden Council approved reinvesting a maturing $79,616.10 Municipal Reserve term deposit into a one‑year investment at 3.30% with Servus Credit Union. The renewed deposit will earn interest through April 13, 2027, maintaining the reserve’s dedicated status under MGA requirements.

Status
APPROVED
Document date
April 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Servus Credit Union
Agency
Village of Linden · Canada

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$79,616.10 principal (term deposit reinvested at 3.30% for 1 year)
Contract type
FINANCIAL_SERVICES
Contract term
1 year term at 3.30% interest, maturing April 13, 2027
Renewal date
2027-04-13
Renewal
New one‑year fixed‑rate term deposit at 3.30% replacing the prior 14‑month term; funds remain dedicated Municipal Reserve money under MGA s.671. No automatic renewal terms described.
Document type
Agenda
Source document
Village of Linden Regular Council Meeting Agenda April 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Village of Linden?

Servus Credit Union was awarded this financial services contract by Village of Linden, as recorded on April 13, 2026. The contract value is $79,616.10 principal (term deposit reinvested at 3.30% for 1 year).

How much is the Servus Credit Union contract with Village of Linden worth?

The Servus Credit Union contract with Village of Linden is valued at $79,616.10 principal (term deposit reinvested at 3.30% for 1 year), covering financial services work.

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 Village of Linden Regular Council Meeting Agenda April 2026 (Agenda), dated April 13, 2026 from Village of Linden. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Servus Credit Union hold?

Servus 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 Servus Credit Union's profile

What is Village of Linden currently buying?

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

View Village of Linden's profile

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