FINANCIAL_SERVICESONGOING

Cambridge Trust Updates Management of Town Investment Funds

The Trustees of Trust Funds received an investment and account management update from Cambridge Trust Company, which manages the Town of New Castle’s various trust and capital reserve funds. CTC will draft updated Investment Policy Statements and reclassify the Ocean Street Property Fund as a Capital Reserve Account to reduce management fees.

Status
ONGOING
Document date
September 23, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Cambridge Trust Company
Agency
New Castle School District · NH

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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
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
Renewal
CTC continues in its role as investment manager and custodian; Investment Policy Statements must be updated and approved annually, and CTC offered to prepare drafts for December 2025 review.
Document type
Minutes
Source document
Town of New Castle Trustees of Trust Funds Meeting Minutes September 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by New Castle School District?

Cambridge Trust Company was awarded this financial services contract by New Castle School District, as recorded on September 23, 2025.

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 Town of New Castle Trustees of Trust Funds Meeting Minutes September 2025 (Minutes), dated September 23, 2025 from New Castle School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cambridge Trust Company hold?

Cambridge Trust Company 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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