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Certificate of Deposit Held with Investors Bank

Milford Public Schools logoMilford Public Schools
Disclosed value
$248,000.00
From report
Document date
Mar 31, 2022
Term
3/31/2020 – 4/1/2022

The 30-second brief

What it covers

The district maintains a $248,000 certificate of deposit with Investors Bank via Meeder, earning 1.25% interest and maturing April 1, 2022. The CD was purchased in March 2020 for $247,690.00 as part of the district’s investment portfolio.

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: 3/31/2020 – 4/1/2022.

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Contract details

Contract type
Financial Services
Amount
$248,000.00
Document date
March 31, 2022
Term
3/31/2020 – 4/1/2022
Vendor
Investors Bank
Agency
Milford Public Schools
Source document
milford-public-schools-report-2022-03-31_f02.pdf (Report)

Investors Bank's other public contracts

Kings Park Central School District, New YorkInvestors Bank Approved as Official Depository · Jul 7, 2026UndisclosedKings Park Central School District, New YorkInvestors Bank Approved as District Depository · Jul 6, 2026UndisclosedBorough of Pennington, New JerseyPennington Retains Investors Bank as Official Depository · Jun 1, 2026UndisclosedBorough of Pennington, New JerseyInvestors Bank Renewed as Borough Depository · May 26, 2026UndisclosedEast Orange School District, New JerseyInvestors Bank Selected as District Depository · May 16, 2026UndisclosedAll 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 March 31, 2022. 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-2022-03-31_f02.pdf (Report), dated March 31, 2022 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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