CONTRACTONGOING

Charles Schwab Trust Bank to Receive Pension Wires

City of Nashua logoCity of Nashua
Disclosed value
$500,000 per month for 12 months (incoming wires)
From minutes
Document date
Apr 24, 2026
Term
Next 12 months from letter date

The 30-second brief

What it covers

The Board acknowledged that the Plan’s Charles Schwab Trust Bank account will receive $500,000 per month for the next 12 months to fund retirement benefit payments. This arrangement supports ongoing administration of the retirement trust assets.

Who holds it

Charles Schwab Trust Bank holds this financial services contract with City of Nashua. Its other public contracts on record include work for City of Bellflower and Town of Palmer.

What happens next

Term as filed: Next 12 months from letter date.

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Contract details

Contract type
Financial Services
Amount
$500,000 per month for 12 months (incoming wires)
Document date
April 24, 2026
Term
Next 12 months from letter date
Source document
Division of Public Works Retirement System Meeting Minutes April 2026 (Minutes)

Charles Schwab Trust Bank's other public contracts

More City of Nashua contracts

Questions about this contract

Who was awarded the financial services contract by City of Nashua?

Charles Schwab Trust Bank was awarded this financial services contract by City of Nashua, as recorded on April 24, 2026. The contract value is $500,000 per month for 12 months (incoming wires).

How much is the Charles Schwab Trust Bank contract with City of Nashua worth?

The Charles Schwab Trust Bank contract with City of Nashua is valued at $500,000 per month for 12 months (incoming wires), covering financial services work.

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 Division of Public Works Retirement System Meeting Minutes April 2026 (Minutes), dated April 24, 2026 from City of Nashua. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Charles Schwab Trust Bank hold?

Charles Schwab Trust 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.

What is City of Nashua currently buying?

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

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