FINANCIAL_SERVICESONGOING

Cornerstone Credit Union Holds Melville Landfill Loan

The City of Melville has a landfill loan with Cornerstone Credit Union. The loan has a monthly payment of $20,682 at 4.39% interest and matures June 30, 2042.

Document date · July 13, 2026

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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
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 amount
Outstanding principal of $2,908,687; monthly payment of $20,682 including interest at 4.39% per annum
Contract type
FINANCIAL_SERVICES
Contract term
Through June 30, 2042
Renewal date
2042-06-30
Renewal
Loan repayment continues through the stated maturity date; no renewal option is stated.
Document type
AgendaPacket
Source document
City of Melville AgendaPacket Regular Council Meeting 2026-07-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Melville?

Cornerstone Credit Union was awarded this financial services contract by City of Melville, as recorded on July 13, 2026. The contract value is Outstanding principal of $2,908,687; monthly payment of $20,682 including interest at 4.39% per annum.

How much is the Cornerstone Credit Union contract with City of Melville worth?

The Cornerstone Credit Union contract with City of Melville is valued at Outstanding principal of $2,908,687; monthly payment of $20,682 including interest at 4.39% per annum, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Melville AgendaPacket Regular Council Meeting 2026-07-13 (AgendaPacket), dated July 13, 2026 from City of Melville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cornerstone Credit Union hold?

Cornerstone 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.

View Cornerstone Credit Union's 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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