Merrimack Investment Policy Covers Franklin Savings CDs

The Merrimack Town Council approved its FY 2026-27 Investment Policy while the Finance Director reported substantial Town certificates of deposit with Franklin Savings Bank. Investment interest is deposited into the General Fund.

Document date · August 20, 2026

Track Town of Merrimack contracts

Get alerts when new contracts are awarded or existing ones approach renewal at Town of Merrimack.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

FY 2026-27 investment policy period

Renewal date

2027-06-30

Renewal

Referenced as part of the Town’s annual FY 2026-27 Investment Policy review and approval.

Document type

Minutes

Source document

Merrimack Town Council Minutes 2026-08-20

Related contracts

Other contracts from Franklin Savings Bank.

View all →

Township of Franklin AgendaPacket Meeting Agenda and Supporting Documents 2026-10-13

APPROVED

Township of Franklin, New JerseyOct 13, 2026

Town of Boscawen Minutes Select Board Meeting 2026-10-07

APPROVED

Town of Boscawen, New Hampshire$4,000,000; fixed 5% interest for one year, charged only on amounts advancedOct 7, 2026

Township of Franklin AgendaPacket Agenda and Resolutions September 23 2026

APPROVED

Township of Franklin, New JerseySep 22, 2026

Merrimack Parks and Recreation Minutes August 19, 2026

Town of Merrimack, New HampshireAug 19, 2026

Town of Mexico AgendaPacket Select Board Meeting 2026-08-18

AMENDED

Town of Mexico, MaineAug 18, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

Franklin Savings Bank was awarded this financial services contract by Town of Merrimack, as recorded on August 20, 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 Merrimack Town Council Minutes 2026-08-20 (Minutes), dated August 20, 2026 from Town of Merrimack. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Franklin Savings Bank hold?

Franklin Savings 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.

View Franklin Savings Bank's profile

What is Town of Merrimack currently buying?

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

View Town of Merrimack's profile