FINANCIAL_SERVICESAPPROVED

Town of Milton Awards Financial Services Contract to M&t Bank (July 2026)

The Milton Town Council approved the use of M&T Bank Intrafi sweep accounts for managing town deposits, with daily collateralization to protect balances above FDIC limits. The decision follows a virtual presentation by M&T’s government banking representative and passed on a 7-0 vote.

Status
APPROVED
Document date
July 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
M&t Bank
Agency
Town of Milton · DE

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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 type
FINANCIAL_SERVICES
Document type
Minutes
Source document
Milton Town Council Minutes 2026-07-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Milton?

M&t Bank was awarded this financial services contract by Town of Milton, as recorded on July 20, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Milton Town Council Minutes 2026-07-20 (Minutes), dated July 20, 2026 from Town of Milton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does M&t Bank hold?

M&t 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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What is Town of Milton currently buying?

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

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