Ferrisburgh Reviews One Credit Union CD Investment

Ferrisburgh continues to hold a $266,145.81 certificate of deposit with One Credit Union at an approximately 3.30% rate for seven months. The Treasurer recommended potentially retaining part of the investment while moving the remainder to another institution to comply with federal insurance limits.

Document date · October 5, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$266,145.81 current CD balance

Contract type

FINANCIAL_SERVICES

Contract term

Approximately 7 months at 3.30%

Renewal

Potentially maintain a portion of the funds with One Credit Union after splitting the current CD; final reinvestment allocation requires Selectboard direction.

Document type

AgendaPacket

Source document

Town of Ferrisburgh AgendaPacket Selectboard Regular Meeting 2026-10-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Ferrisburgh?

One Credit Union was awarded this financial services contract by Town of Ferrisburgh, as recorded on October 5, 2026. The contract value is $266,145.81 current CD balance.

How much is the One Credit Union contract with Town of Ferrisburgh worth?

The One Credit Union contract with Town of Ferrisburgh is valued at $266,145.81 current CD balance, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Ferrisburgh AgendaPacket Selectboard Regular Meeting 2026-10-06 (AgendaPacket), dated October 5, 2026 from Town of Ferrisburgh. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does One Credit Union hold?

One Credit Union may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View One Credit Union's profile

What is Town of Ferrisburgh currently buying?

Explore Town of Ferrisburgh's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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