Orchid Plans Treasury Purchases Through Truist Services
- Document date
- Sep 21, 2026
The 30-second brief
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.
Truist’s Investment Services holds this financial services contract with Town of Orchid.
Term as filed: Remaining terms of purchased U.S. Treasuries not to exceed two years at purchase.
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Contract details
- Contract type
- Financial Services
- Document date
- September 21, 2026
- Term
- Remaining terms of purchased U.S. Treasuries not to exceed two years at purchase
- Vendor
- Truist’s Investment Services
- Agency
- Town of Orchid
- Source document
- Town of Orchid Budget Annual Budget for Fiscal Year 2026-2027 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 Annual Budget for Fiscal Year 2026-2027 2026-09-21 (Budget), dated September 21, 2026 from Town of Orchid. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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