CONTRACTPENDING

Orchid Plans Treasury Purchases Through TRUIST Services

Town of Orchid logoTown of Orchid
Document date
Sep 21, 2026

The 30-second brief

What it covers

The Town of Orchid plans to use TRUIST’s Investment Services to purchase U.S. Treasuries on the secondary market. The planned investments will have remaining terms of no more than two years and are intended to improve earnings while preserving liquidity and principal safety.

Who holds it

Truist’s Investment Services holds this financial services contract with Town of Orchid.

What happens next

Term as filed: Remaining terms of not more than two years at the time of purchase.

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Contract details

Contract type
Financial Services
Document date
September 21, 2026
Term
Remaining terms of not more than two years at the time of purchase
Vendor
Truist’s Investment Services
Source document
Town of Orchid Budget 2026-09-21 (Budget)

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Questions about this contract

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

Truist’s Investment Services was awarded this financial services contract by Town of Orchid, as recorded on September 21, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Orchid Budget 2026-09-21 (Budget), dated September 21, 2026 from Town of Orchid. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What is Town of Orchid currently buying?

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