FINANCIAL_SERVICESONGOING

District holds CD investment via Multi-Bank Securities

Westborough Water District maintains a brokerage account with Multi-Bank Securities, Inc. holding $142,832.69 in a Valley National Bank certificate of deposit yielding 3.70% to maturity on October 8, 2026. The account provides an additional investment vehicle beyond LAIF.

Status
ONGOING
Document date
July 9, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Multi-bank Securities Inc
Agency
Westborough Co Water Dist · CA

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TerraCycle logo
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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
$142,832.69 (account value)
Contract type
FINANCIAL_SERVICES
Contract term
Certificate of deposit maturing 10/08/2026; account statement for June 1–30, 2026
Renewal date
2026-10-08
Renewal
CD investment held through maturity on 2026-10-08 unless sold earlier; rollover or reinvestment decisions will be required at maturity.
Document type
Agenda
Source document
Westborough Water District Agenda 2026-07-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Westborough Co Water Dist?

Multi-bank Securities Inc was awarded this financial services contract by Westborough Co Water Dist, as recorded on July 9, 2026. The contract value is $142,832.69 (account value).

How much is the Multi-bank Securities Inc contract with Westborough Co Water Dist worth?

The Multi-bank Securities Inc contract with Westborough Co Water Dist is valued at $142,832.69 (account value), 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 Westborough Water District Agenda 2026-07-09 (Agenda), dated July 9, 2026 from Westborough Co Water Dist. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Multi-bank Securities Inc hold?

Multi-bank Securities Inc 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 Multi-bank Securities Inc's profile

What is Westborough Co Water Dist currently buying?

Explore Westborough Co Water Dist's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Westborough Co Water Dist's profile

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