FINANCIAL_SERVICESPENDING

Borough Weighs $11M Investment With First National Bank

The Borough of Elizabeth Council will consider approving an investment proposal with First National Bank for a fixed income portfolio of approximately $11 million under PA Act 10 guidelines, with $1 million available for withdrawals. Final authorization is subject to review by the borough solicitor.

Status
PENDING
Document date
June 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
First National Bank
Agency
Borough of Elizabeth · PA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Approximately $11 million dollars (with $1 million available for withdrawals and distributions)
Contract type
FINANCIAL_SERVICES
Document type
Agenda
Source document
Borough of Elizabeth Regular Meeting of Council Agenda 2026-06-23

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Borough of Elizabeth?

First National Bank was awarded this financial services contract by Borough of Elizabeth, as recorded on June 23, 2026. The contract value is Approximately $11 million dollars (with $1 million available for withdrawals and distributions).

How much is the First National Bank contract with Borough of Elizabeth worth?

The First National Bank contract with Borough of Elizabeth is valued at Approximately $11 million dollars (with $1 million available for withdrawals and distributions), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Borough of Elizabeth Regular Meeting of Council Agenda 2026-06-23 (Agenda), dated June 23, 2026 from Borough of Elizabeth. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First National Bank hold?

First National 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.

View First National Bank's profile

What is Borough of Elizabeth currently buying?

Explore Borough of Elizabeth's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Borough of Elizabeth's profile

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