County Reports Investments With Kennebec Savings Bank
Kennebec CountyCounty · ME- Disclosed value
- $2,386,753 in Insured Cash Sweep; $255,632 in Intrafi Money Market; $5,036,754 in KSB/CDARS at 3.87% APY; $2,245,967 in managed investment account
- From minutes
- Document date
- Sep 15, 2026
- Renews
- Free account
The 30-second brief
Kennebec County reported ongoing investments and cash-management accounts with Kennebec Savings Bank totaling millions of dollars. The KSB/CDARS investment carries a 3.87% APY and matures February 25, 2027.
Kennebec Savings Bank holds this financial services contract with Kennebec County. Its other public contracts on record include work for City of Augusta.
The renewal date is on record. A free account shows it, with the renewals for every Kennebec County contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $2,386,753 in Insured Cash Sweep; $255,632 in Intrafi Money Market; $5,036,754 in KSB/CDARS at 3.87% APY; $2,245,967 in managed investment account
- Document date
- September 15, 2026
- Term
- CDARS: 26 weeks; maturity date February 25, 2027
- Renews
- Free account
- Vendor
- Kennebec Savings Bank
- Agency
- Kennebec County
- Source document
- Kennebec County Minutes County Commissioner’s Meeting 2026-09-15 (Minutes)
Kennebec Savings Bank's other public contracts
More Kennebec County contracts
Questions about this contract
Who was awarded the financial services contract by Kennebec County?
Kennebec Savings Bank was awarded this financial services contract by Kennebec County, as recorded on September 15, 2026. The contract value is $2,386,753 in Insured Cash Sweep; $255,632 in Intrafi Money Market; $5,036,754 in KSB/CDARS at 3.87% APY; $2,245,967 in managed investment account.
How much is the Kennebec Savings Bank contract with Kennebec County worth?
The Kennebec Savings Bank contract with Kennebec County is valued at $2,386,753 in Insured Cash Sweep; $255,632 in Intrafi Money Market; $5,036,754 in KSB/CDARS at 3.87% APY; $2,245,967 in managed investment account, covering financial services work.
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 Kennebec County Minutes County Commissioner’s Meeting 2026-09-15 (Minutes), dated September 15, 2026 from Kennebec County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Kennebec Savings Bank hold?
Kennebec Savings Bank 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 Kennebec County currently buying?
Explore Kennebec County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.