Resort Village of Alice Beach Council Meeting Minutes March 2026
Alice Beach invests $500K with Conexus Credit Union
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Description
The Resort Village of Alice Beach council approved placing a total of $500,000 in one-year term deposits with Conexus Credit Union at rates of 2.75% and 3.05%. The investments include redeemable and non-redeemable deposits to manage municipal funds.
Contract Details
Contract Amount
$100,000 in a 1 year redeemable term deposit at 2.75% and $400,000 in a one year non-redeemable term deposit at 3.05%
Vendor
CONEXUS CREDIT UNION
Agency
Resort Village of Alice Beach, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
March 3, 2026
Contract Term
1 year
Renewal Date
2027-03-03
Renewal Info
Single 1-year term deposits; any renewal or reinvestment after maturity would require a separate decision.
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