Town Reinvests Idle Funds From Fidelity Bank

The Town of Stovall approved transferring idle fund monies from LFL/Fidelity Bank to the Carolina Capital Management Trust Fund to improve compliance and investment strategy. The reinvestment resolution was adopted unanimously by the Board.

Document date · February 10, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Existing idle funds investment at LFL/Fidelity Bank effectively replaced by transfer to Carolina Capital Management Trust Fund.

Document type

Minutes

Source document

Town of Stovall Minutes February 2026 Minutes 2026-02-10

Frequently asked questions

Common questions about this contract, answered from the record.

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

Lfl/fidelity Bank was awarded this financial services contract by Town of Stovall, as recorded on February 10, 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 Town of Stovall Minutes February 2026 Minutes 2026-02-10 (Minutes), dated February 10, 2026 from Town of Stovall. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lfl/fidelity Bank hold?

Lfl/fidelity 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.

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