CONTRACTAPPROVED

Malvern village Awards Financial Services Contract to CONSUMERS (March 2026)

Malvern village
Approved
Mar 2, 2026

The 30-second brief

What it covers

Malvern Village Council authorized converting its existing checking account with Consumers to a Public Funds Sweep Account to earn daily interest on surplus funds. The revised account will maintain a compensating balance to avoid fees while sweeping excess funds into an insured investment vehicle at approximately 3.20% interest.

Who holds it

CONSUMERS holds this financial services contract with Malvern village. Its other public contracts on record include work for Otsego County.

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Contract details

Contract type
Financial Services
Document date
March 2, 2026
Vendor
CONSUMERS
Source document
Malvern Village Council Meeting Minutes March 2026 (Minutes)

CONSUMERS's other public contracts

More Malvern village contracts

Questions about this contract

Who was awarded the financial services contract by Malvern village?

CONSUMERS was awarded this financial services contract by Malvern village, as recorded on March 2, 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 Malvern Village Council Meeting Minutes March 2026 (Minutes), dated March 2, 2026 from Malvern village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does CONSUMERS hold?

CONSUMERS 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 Malvern village currently buying?

Explore Malvern village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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