CONTRACTONGOING

Investors Bank CD Provides Interest Income

Disclosed value: $248,000.00; From report
Document date: Oct 31, 2021

What it covers

Milford Exempted Village School District invests $248,000 in a certificate of deposit with Investors Bank at 1.25% interest, maturing April 1, 2022. The CD generated $1,554.25 in interest income during October.

Who holds it

Investors Bank holds this financial services contract with Milford Public Schools. Its other public contracts on record include work for Kings Park Central School District and Borough of Pennington.

What happens next

Term as filed: Certificate of deposit purchased 3/31/2020, maturing 4/1/2022.

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Contract details

Contract type: Financial Services
Amount: $248,000.00
Document date: October 31, 2021
Term: Certificate of deposit purchased 3/31/2020, maturing 4/1/2022
Vendor: Investors Bank
Agency: Milford Public Schools
Source document: milford-public-schools-report-2021-10-31_11b.pdf (Report)

Investors Bank's other public contracts

Kings Park Central School District, New YorkInvestors Bank Approved as Official Depository · Jul 7, 2026Undisclosed Kings Park Central School District, New YorkInvestors Bank Approved as District Depository · Jul 6, 2026Undisclosed Borough of Pennington, New JerseyPennington Retains Investors Bank as Official Depository · Jun 1, 2026Undisclosed Borough of Pennington, New JerseyInvestors Bank Renewed as Borough Depository · May 26, 2026Undisclosed East Orange School District, New JerseyInvestors Bank Selected as District Depository · May 16, 2026Undisclosed All Investors Bank contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Milford Public Schools?

Investors Bank was awarded this financial services contract by Milford Public Schools, as recorded on October 31, 2021. The contract value is $248,000.00.

How much is the Investors Bank contract with Milford Public Schools worth?

The Investors Bank contract with Milford Public Schools is valued at $248,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in milford-public-schools-report-2021-10-31_11b.pdf (Report), dated October 31, 2021 from Milford Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Investors Bank hold?

Investors 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 Milford Public Schools currently buying?

Explore Milford Public Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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