Civic IQ
CONTRACTAPPROVED
Get alerts

City of Mount Vernon Awards $6,000,000 Line Of Credit Contract to Banterra Bank (March 2025)

City of Mount Vernon
Disclosed value
$6,000,000
From meeting minutes
Approved
Mar 3, 2025

The 30-second brief

What it covers

City renewed its line of credit with Banterra Bank for $6 million to provide overdraft protection for banking services. This is a recurring annual agreement.

Who holds it

Banterra Bank holds this line of credit contract with City of Mount Vernon. Its other public contracts on record include work for City of Carbondale city and City of Christopher.

See who signed off on this $6M contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Line Of Credit
Amount
$6,000,000
Document date
March 3, 2025
Term
NA
Vendor
Banterra Bank
Agency
City of Mount Vernon
Source document
city-of-mount-vernon-meeting-minutes-2025-03-03_12d.pdf (Meeting Minutes)

Banterra Bank's other public contracts

City of Carbondale city, IllinoisCarbondale Makes Banterra Dump Truck Payment · Oct 13, 2026$4.4KCity of Christopher, IllinoisChristopher Considers Gov 311 App Sponsorship · Oct 12, 2026$750Hamilton Co CUSD 10, IllinoisDistrict Considers Renewing CDARS Deposit with Banterra · Sep 15, 2026UndisclosedCity of Carbondale city, IllinoisCarbondale Pays Banterra on Dump Truck Financing · Sep 8, 2026$4.4KHerrin CUSD 4, IllinoisDistrict Designates Banterra Bank as Depository · Aug 25, 2026UndisclosedAll Banterra Bank contractsVendor profile

More City of Mount Vernon contracts

Kings Financial ConsultingKings Financial Consulting awarded municipal advisory contract · Oct 20, 2025$2KHolland ConstructionHolland Construction awarded pre-construction contract · Oct 20, 2025$125KShores BuildersShores Builders awarded $540K sports courts construction contract · Oct 20, 2025$540.3KNARight-of-Way Easement approved for solar farm project · Oct 20, 2025UndisclosedFgm ArchitectsFGM Architects awarded Indoor Recreation Center design contract · Oct 20, 2025$2.1MAll City of Mount Vernon activityAgency profile

Questions about this contract

Who was awarded the line of credit contract by City of Mount Vernon?

Banterra Bank was awarded this line of credit contract by City of Mount Vernon, as recorded on March 3, 2025. The contract value is $6,000,000.

How much is the Banterra Bank contract with City of Mount Vernon worth?

The Banterra Bank contract with City of Mount Vernon is valued at $6,000,000, covering line of credit work.

What type of contract is this?

This is a Line Of Credit contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-mount-vernon-meeting-minutes-2025-03-03_12d.pdf (Meeting Minutes), dated March 3, 2025 from City of Mount Vernon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Banterra Bank hold?

Banterra 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.

What is City of Mount Vernon currently buying?

Explore City of Mount Vernon's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →
More City of Mount Vernon contracts →Browse all agencies in Kentucky →