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Merrick Bank CD offers attractive yield

Milford Public Schools logoMilford Public Schools
Disclosed value
$249,000.00
From report
Document date
Feb 28, 2022
Term
Purchased 7/23/2019, maturity 7/31/2023

The 30-second brief

What it covers

Milford Schools invested $249,000 in a Merrick Bank certificate of deposit managed by Meeder, purchased July 23, 2019 and maturing July 31, 2023. The CD yields 2.24% interest and generated $410.68 interest in February.

Who holds it

Merrick Bank holds this financial services contract with Milford Public Schools. Its other public contracts on record include work for St. Louis Housing Authority and Avoca SD 37.

What happens next

Term as filed: Purchased 7/23/2019, maturity 7/31/2023.

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Contract details

Contract type
Financial Services
Amount
$249,000.00
Document date
February 28, 2022
Term
Purchased 7/23/2019, maturity 7/31/2023
Vendor
Merrick Bank
Agency
Milford Public Schools
Source document
milford-public-schools-report-2022-02-28_404.pdf (Report)

Merrick Bank's other public contracts

St. Louis Housing Authority, MissouriSLHA Reports Merrick Bank Investment · Oct 16, 2026UndisclosedAvoca SD 37, IllinoisMerrick Bank CD Held by Avoca School District · Oct 15, 2026Temecula Preparatory, CaliforniaSchool Holds $245,000 Merrick Bank CD · Oct 8, 2026$245KBurnet Consolidated ISD, TexasMerrick Bank Certificate of Deposit Held · Sep 30, 2026$246KWill County SD 92, IllinoisDistrict Reports Merrick Bank Investment Holding · Sep 30, 2026$246.6KAll Merrick Bank contractsVendor profile

More Milford Public Schools contracts

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Questions about this contract

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

Merrick Bank was awarded this financial services contract by Milford Public Schools, as recorded on February 28, 2022. The contract value is $249,000.00.

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

The Merrick Bank contract with Milford Public Schools is valued at $249,000.00, 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-2022-02-28_404.pdf (Report), dated February 28, 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 Merrick Bank hold?

Merrick 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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