Civic IQ
FINANCIAL_SERVICESAPPROVED

Town of Kinistino Minutes Regular Meeting 2026-05-14

$2 Million Investment Approved at Affinity Credit Union

$1,000,000 (one-year GIC) and $1,000,000 (Flex account)Town of KinistinoAFFINITY CREDIT UNIONMay 14, 2026

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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

Description

Town council authorized investing $1,000,000 in a one-year GIC and moving $1,000,000 into a Flex account at Affinity Credit Union as part of its investment strategy.

Contract Details

Contract Amount

$1,000,000 (one-year GIC) and $1,000,000 (Flex account)

Vendor

AFFINITY CREDIT UNION

Agency

Town of Kinistino, Canada

Contract Type

FINANCIAL_SERVICES

Document Date

May 14, 2026

Contract Term

one-year GIC and Flex account (ongoing)

Renewal Date

2027-05-14

Renewal Info

One-year GIC may be renewed upon maturity; Flex account remains open until further council action.

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