Wilmington Trust named collateral custodian for BOCES
Eastern Suffolk BocesHigher Ed · Riverhead, NY- Document date
- Jan 1, 2025
The 30-second brief
Eastern Suffolk BOCES designates Wilmington Trust, National Association as third-party custodian to safekeep and manage eligible collateral pledged to secure its uninsured deposits at M&T Bank. Wilmington Trust will maintain a segregated custodial account, perform daily collateral valuation, and provide reporting under the agreement, with fees paid by the bank.
Wilmington Trust National Association holds this financial services contract with Eastern Suffolk Boces. Its other public contracts on record include work for City of Victoria and City of Lake Elsinore.
Term as filed: Ongoing; effective upon execution in 2025, terminable by any party with not less than ninety (90) days' prior written notice.
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Contract details
- Contract type
- Financial Services
- Document date
- January 1, 2025
- Term
- Ongoing; effective upon execution in 2025, terminable by any party with not less than ninety (90) days' prior written notice
- Agency
- Eastern Suffolk Boces
- Source document
- Board of Cooperative Educational Service for Eastern Suffolk Third Party Custody Agreement 2025-01-01 (Agreement)
Wilmington Trust National Association's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Eastern Suffolk Boces?
Wilmington Trust National Association was awarded this financial services contract by Eastern Suffolk Boces, as recorded on January 1, 2025.
What type of contract is this?
This is a Financial Services contract, documented as a agreement record.
Where was this contract approved?
This contract appears in Board of Cooperative Educational Service for Eastern Suffolk Third Party Custody Agreement 2025-01-01 (Agreement), dated January 1, 2025 from Eastern Suffolk Boces. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Wilmington Trust National Association hold?
Wilmington Trust National Association 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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