Town of Springside Council Meeting Minutes March 16 2026
Town Invests $300K in One-Year GIC
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Description
Council authorized investing $300,000.00 in a one-year non-redeemable GIC with Cornerstone Credit Union. This investment will earn interest on municipal funds over the one-year term.
Contract Details
Contract Amount
$300,000.00
Vendor
CORNERSTONE CREDIT UNION
Agency
Town of Springside, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
March 16, 2026
Contract Term
1-year non-redeemable GIC
Renewal Info
One-year non-redeemable GIC; rollover or renewal options are not described in the minutes.
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