CONTRACTAPPROVED

Town of Barnet Awards $2,500,000 Financial Services Contract to Passumpsic Savings Bank (February 2026)

Disclosed value: $2,500,000; From minutes
Approved: Feb 9, 2026

What it covers

Barnet Selectboard approved a $2.5 million municipal line of credit with Passumpsic Savings Bank, supporting ongoing flood recovery financing.

Who holds it

Passumpsic Savings Bank holds this financial services contract with Town of Barnet. Its other public contracts on record include work for Town of Derby and Town of Barton.

What happens next

Term as filed: Dated 9 February 2026; duration not specified.

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Contract details

Contract type: Financial Services
Amount: $2,500,000
Document date: February 9, 2026
Term: Dated 9 February 2026; duration not specified
Vendor: Passumpsic Savings Bank
Agency: Town of Barnet
Source document: Town of Barnet Selectboard Meeting Minutes February 2026 (Minutes)

Passumpsic Savings Bank's other public contracts

Town of Derby, VermontPassumpsic Bank Loan Proposal Remains Pending · Sep 8, 2026 Town of Barton, VermontVillage Refinances Line of Credit with Passumpsic Bank · Jul 28, 2026Undisclosed Town of Brownington, VermontDirect Deposit Payroll Approved with Passumpsic Savings Bank · Feb 18, 2026Undisclosed Town of Brownington, VermontPassumpsic bank financing for plow truck on hold · Jan 28, 2026Undisclosed Town of Barnet, VermontLine of credit re-funding to be negotiated with Passumpsic Savings Bank · Jan 26, 2026$2.5M All Passumpsic Savings Bank contractsVendor profile

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Questions about this contract

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

Passumpsic Savings Bank was awarded this financial services contract by Town of Barnet, as recorded on February 9, 2026. The contract value is $2,500,000.

How much is the Passumpsic Savings Bank contract with Town of Barnet worth?

The Passumpsic Savings Bank contract with Town of Barnet is valued at $2,500,000, covering financial services work.

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 Barnet Selectboard Meeting Minutes February 2026 (Minutes), dated February 9, 2026 from Town of Barnet. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Passumpsic Savings Bank hold?

Passumpsic Savings 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 Town of Barnet currently buying?

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

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