Township Renews and Expands CDs with Credit Union | Town of Springvale | ST. FRANCIS CREDIT UNION

Scope & details

The full contract record, as filed.

Contract amount

Existing CD renewed (amount not specified) at 3.6% interest; plus new $100,000 CD at 3.6% interest

Contract type

FINANCIAL_SERVICES

Contract term

Both certificates of deposit for 3 months

Renewal

Existing CD renewed for a 3‑month term at 3.6% interest; new CD established for 3 months with $100,000 from the Road Fund at 3.6% interest. Future renewal decisions will be required at the end of the 3‑month term.

Document type

Minutes

Source document

Springvale Township Regular Board Meeting Minutes 2026-04-14

Frequently asked questions

Common questions about this contract, answered from the record.

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

St. Francis Credit Union was awarded this financial services contract by Town of Springvale, as recorded on April 14, 2026. The contract value is Existing CD renewed (amount not specified) at 3.6% interest; plus new $100,000 CD at 3.6% interest.

How much is the St. Francis Credit Union contract with Town of Springvale worth?

The St. Francis Credit Union contract with Town of Springvale is valued at Existing CD renewed (amount not specified) at 3.6% interest; plus new $100,000 CD at 3.6% interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Springvale Township Regular Board Meeting Minutes 2026-04-14 (Minutes), dated April 14, 2026 from Town of Springvale. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does St. Francis Credit Union hold?

St. Francis 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.

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What is Town of Springvale currently buying?

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