Melville Plans $3 Million Conexus Term Deposit Reinvestment
- Disclosed value
- $3,000,000 total; three separate $1,000,000 term deposits
- From minutes
- Document date
- Oct 5, 2026
- Renews
- Free account
The 30-second brief
Melville City Council received a report on the planned reinvestment of $3 million with Conexus Credit Union. The funds will be placed into three two-year, non-redeemable $1 million term deposits at 3.35%.
Conexus Credit Union holds this financial services contract with City of Melville. Its other public contracts on record include work for Town of White City and Rural Municipality of North Qu Apelle No. 187.
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Contract details
- Contract type
- Financial Services
- Amount
- $3,000,000 total; three separate $1,000,000 term deposits
- Document date
- October 5, 2026
- Term
- Two years; non-redeemable term deposits at a confirmed rate of 3.35%
- Renews
- On record
- Vendor
- Conexus Credit Union
- Agency
- City of Melville
- Source document
- City of Melville Minutes Regular Council Meeting 2026-10-05 (Minutes)
Conexus Credit Union's other public contracts
More City of Melville contracts
Questions about this contract
Who was awarded the financial services contract by City of Melville?
Conexus Credit Union was awarded this financial services contract by City of Melville, as recorded on October 5, 2026. The contract value is $3,000,000 total; three separate $1,000,000 term deposits.
How much is the Conexus Credit Union contract with City of Melville worth?
The Conexus Credit Union contract with City of Melville is valued at $3,000,000 total; three separate $1,000,000 term deposits, 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 City of Melville Minutes Regular Council Meeting 2026-10-05 (Minutes), dated October 5, 2026 from City of Melville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Conexus Credit Union hold?
Conexus Credit Union 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 Melville currently buying?
Explore City of Melville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.