Española Weighs Investing Opioid Funds with Multi-Bank Securities
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Description
Española officials discussed a resolution to invest part of the City’s opioid settlement funds with Multi-Bank Securities, Inc., aiming to enhance returns while keeping funds liquid for opioid response services. The action would shift a portion of funds from the current bank custodian into professionally managed securities.
Contract Details
Vendor
MULTI-BANK SECURITIES INC
Agency
City of Española, NM
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Renewal Info
Prospective new investment relationship for opioid settlement funds; no specific term, renewal provisions, or start date stated in the agenda.
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