CONTRACTAMENDED

SHA Transfers CD from Middlesex Federal to Winter Hill Bank

Housing Authority of the city of Prescott logoHousing Authority of the city of Prescott
Document date
Mar 15, 2023
Term
1 year

The 30-second brief

What it covers

The Somerville Housing Authority approved the transfer of its CD from Middlesex Federal Savings Bank to Winter Hill Bank at a higher interest rate of 4.75%, with designated signers authorized. The change was made to maximize earnings as permitted by federal and state guidelines.

Who holds it

Middlesex Federal Savings Bank holds this financial services contract with Housing Authority of the city of Prescott. Its other public contracts on record include work for Housing Authority of the city of Summerville and Somerville Housing Authority.

What happens next

Term as filed: 1 year.

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Contract details

Contract type
Financial Services
Document date
March 15, 2023
Term
1 year
Source document
somerville-housing-authority-meeting-minutes-2023-03-15_8f0.pdf (Meeting Minutes)

Middlesex Federal Savings Bank's other public contracts

More Housing Authority of the city of Prescott contracts

Questions about this contract

Who was awarded the financial services contract by Housing Authority of the city of Prescott?

Middlesex Federal Savings Bank was awarded this financial services contract by Housing Authority of the city of Prescott, as recorded on March 15, 2023.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in somerville-housing-authority-meeting-minutes-2023-03-15_8f0.pdf (Meeting Minutes), dated March 15, 2023 from Housing Authority of the city of Prescott. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Middlesex Federal Savings Bank hold?

Middlesex Federal Savings Bank 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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