CONTRACTDISCUSSED

Melville Plans $3 Million Conexus Term Deposit Reinvestment

City of Melville logoCity of Melville
Disclosed value
$3,000,000 total; three separate $1,000,000 term deposits
From minutes
Document date
Oct 5, 2026
Renews
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The 30-second brief

What it covers

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%.

Who holds it

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.

What happens next

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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
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.

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