City to Move Savings Funds From LLCU to UCB

The council will consider authorizing the Treasurer to close designated LLCU savings accounts and transfer all funds to corresponding money market accounts at United Community Bank. This action shifts the city's depository relationship for certain reserve and depreciation funds from LLCU to United Community Bank.

Document date · March 2, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Document type

Agenda

Source document

City of Colchester Council Meeting Agenda March 2026

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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 Colchester?

LLCU was awarded this financial services contract by City of Colchester, as recorded on March 2, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Colchester Council Meeting Agenda March 2026 (Agenda), dated March 2, 2026 from City of Colchester. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does LLCU hold?

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