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Committee Sets Conditions for Reinvesting MSGCU CDs

Romeo village logoRomeo village
Document date
Apr 16, 2026
Term
less than 12 months

The 30-second brief

What it covers

On April 16, 2026, the Investment Committee advised that MSGCU CDs maturing in May be rolled into new short-term CDs of less than 12 months if rates exceed 3.75 percent, or otherwise be placed in a savings account. This strategy is intended to balance yield with flexibility for upcoming project funding needs.

Who holds it

MSGCU holds this financial services contract with Romeo village. Its other public contracts on record include work for Town of Washington charter and L'Anse Creuse Public Schools.

What happens next

Term as filed: less than 12 months.

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Contract details

Contract type
Financial Services
Document date
April 16, 2026
Term
less than 12 months
Vendor
MSGCU
Agency
Romeo village
Source document
Washington Bruce and Romeo Parks & Recreation and Star Transportation Commission Investment Committee Minutes 2026-04-16 (Minutes)

MSGCU's other public contracts

Town of Washington charter, MichiganTownship Accounts Payable Includes MSGCU Payments · Oct 20, 2026$1.3KL'Anse Creuse Public Schools, MichiganMSGCU Payroll Direct Deposits Reported in Consent Agenda · Oct 19, 2026L'Anse Creuse Public Schools, MichiganDistrict Reports MSGCU Payroll Transfers · Sep 20, 2026Romeo village, MichiganCommission Sets Conditions for MSGCU CD Reinvestment · Apr 16, 2026UndisclosedRomeo village, MichiganCommittee Directs Reinvestment of CDs With MSGCU · Apr 16, 2026UndisclosedAll MSGCU contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Romeo village?

MSGCU was awarded this financial services contract by Romeo village, as recorded on April 16, 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 Washington Bruce and Romeo Parks & Recreation and Star Transportation Commission Investment Committee Minutes 2026-04-16 (Minutes), dated April 16, 2026 from Romeo village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does MSGCU hold?

MSGCU 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 Romeo village currently buying?

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

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