Library Board Targets Higher CD Rate at Nicolet
City of AbbotsfordCity · Abbotsford, WI- Disclosed value
- 3.8% APY for 12‑month CD (principal amounts from two RCU CDs)
- From agendapacket
- Document date
- Jun 1, 2026
- Term
- 12-month certificate of deposit
The 30-second brief
The Abbotsford Public Library Board directed that, if RCU does not match Nicolet’s 3.8% APY, the City should transfer two existing RCU CDs into a 12‑month certificate of deposit at Nicolet. The move is intended to secure a higher yield on library funds.
NICOLET holds this financial services contract with City of Abbotsford. Its other public contracts on record include work for Town of Scott and Alcona County.
Term as filed: 12-month certificate of deposit.
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Contract details
- Contract type
- Financial Services
- Amount
- 3.8% APY for 12‑month CD (principal amounts from two RCU CDs)
- Document date
- June 1, 2026
- Term
- 12-month certificate of deposit
- Vendor
- NICOLET
- Agency
- City of Abbotsford
- Source document
- City of Abbotsford Agenda Packet 2026-06-01 (AgendaPacket)
NICOLET's other public contracts
More City of Abbotsford contracts
Questions about this contract
Who was awarded the financial services contract by City of Abbotsford?
NICOLET was awarded this financial services contract by City of Abbotsford, as recorded on June 1, 2026. The contract value is 3.8% APY for 12‑month CD (principal amounts from two RCU CDs).
How much is the NICOLET contract with City of Abbotsford worth?
The NICOLET contract with City of Abbotsford is valued at 3.8% APY for 12‑month CD (principal amounts from two RCU CDs), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Abbotsford Agenda Packet 2026-06-01 (AgendaPacket), dated June 1, 2026 from City of Abbotsford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does NICOLET hold?
NICOLET may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Abbotsford currently buying?
Explore City of Abbotsford's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.