Overnight Repo Investment Maintained With M&T
- Document date
- Oct 15, 2026
The 30-second brief
The City utilizes M&T for an overnight repurchase agreement to manage General Fund liquidity totaling over $41 million as of October 14, 2026. This reflects an ongoing investment banking relationship reported to Council.
M&T holds this financial services contract with City of Wilmington. Its other public contracts on record include work for Finkelstein Memorial Library and Red Hook Water District #1 Town.
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Contract details
- Contract type
- Financial Services
- Document date
- October 15, 2026
- Vendor
- M&T
- Agency
- City of Wilmington
- Source document
- Wilmington City Council Minutes Regular Meeting October 15, 2026 (Minutes)
M&T's other public contracts
More City of Wilmington contracts
Questions about this contract
Who was awarded the financial services contract by City of Wilmington?
M&T was awarded this financial services contract by City of Wilmington, as recorded on October 15, 2026.
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 Wilmington City Council Minutes Regular Meeting October 15, 2026 (Minutes), dated October 15, 2026 from City of Wilmington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does M&T hold?
M&T may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is City of Wilmington currently buying?
Explore City of Wilmington's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.