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Town of Manchester-by-the-Sea Awards $900,000 Investment Contract to Cape Ann Savings (August 2025)

Town of Manchester-by-the-Sea logoTown of Manchester-by-the-Sea
Disclosed value
$900,000
From minutes
Approved
Aug 20, 2025
Term
15 months

The 30-second brief

What it covers

Cape Ann Savings gets the nod to invest four CDs worth $900,000 due in September for a 15-month term.

Who holds it

Cape Ann Savings holds this investment contract with Town of Manchester-by-the-Sea. Its other public contracts on record include work for City of Gloucester.

What happens next

Term as filed: 15 months.

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Contract details

Contract type
Investment
Amount
$900,000
Document date
August 20, 2025
Term
15 months
Vendor
Cape Ann Savings
Agency
Town of Manchester-by-the-Sea
Source document
manchester-by-the-sea-affordable-housing-trust-minutes-august-20-2025_ea5.pdf (Minutes)

Cape Ann Savings's other public contracts

City of Gloucester, MassachusettsCape Ann Savings Support Program Reviewed · Sep 8, 2026UndisclosedCity of Gloucester, MassachusettsCape Ann Savings Donates $2,300 to Senior Center · Oct 23, 2025$2.3KTown of Manchester-by-the-Sea, MassachusettsTrust invests $900,000 in Cape Ann Savings CDs · Aug 20, 2025UndisclosedTown of Manchester-by-the-Sea, MassachusettsTrust approves CD rollover with Cape Ann Savings · May 27, 2025UndisclosedCity of Gloucester, MassachusettsLibrary explores funding application with Cape Ann Savings · Mar 12, 2025UndisclosedAll Cape Ann Savings contractsVendor profile

More Town of Manchester-by-the-Sea contracts

COMCASTCape Ann Committee to Discuss Comcast Franchise Renewal · Oct 21, 2026UndisclosedB2QFacility Committee Discusses B2Q Solar Proposal · Oct 21, 2026UndisclosedNational GridNational Grid Public Hearing Scheduled for Lincoln Street · Oct 5, 2026UndisclosedNational GridNational Grid Public Hearing Scheduled for Ashland Avenue · Oct 5, 2026UndisclosedTetra TechTown References Tetra Tech Reports for Planned OPM RFQ · Sep 30, 2026UndisclosedAll Town of Manchester-by-the-Sea activityAgency profile

Questions about this contract

Who was awarded the investment contract by Town of Manchester-by-the-Sea?

Cape Ann Savings was awarded this investment contract by Town of Manchester-by-the-Sea, as recorded on August 20, 2025. The contract value is $900,000.

How much is the Cape Ann Savings contract with Town of Manchester-by-the-Sea worth?

The Cape Ann Savings contract with Town of Manchester-by-the-Sea is valued at $900,000, covering investment work.

What type of contract is this?

This is a Investment contract, documented as a minutes record.

Where was this contract approved?

This contract appears in manchester-by-the-sea-affordable-housing-trust-minutes-august-20-2025_ea5.pdf (Minutes), dated August 20, 2025 from Town of Manchester-by-the-Sea. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cape Ann Savings hold?

Cape Ann Savings 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 Town of Manchester-by-the-Sea currently buying?

Explore Town of Manchester-by-the-Sea's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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