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Somerville School District Awards Banking Services Contract to Eastern Bank (September 2025)

Somerville School District logoSomerville School District
Approved
Sep 25, 2025
Term
1 year

The 30-second brief

What it covers

Contract with Eastern Bank extended for an additional year until 8/31/2026 for banking services of the Treasury Department. This extension ensures continued financial management and banking support for city operations.

Who holds it

Eastern Bank holds this banking services contract with Somerville School District. Its other public contracts on record include work for City of Winthrop and Town of Carver.

What happens next

Term as filed: 1 year.

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Contract details

Contract type
Banking Services
Document date
September 25, 2025
Term
1 year
Vendor
Eastern Bank
Agency
Somerville School District
Source document
city-of-somerville-city-council-meeting-minutes-september-25-2025_f5e.pdf (Minutes)

Eastern Bank's other public contracts

City of Winthrop, MassachusettsRetirement Board Reviews Eastern Bank Reconciliation · Oct 25, 2026$3.1MTown of Carver, MassachusettsCommittee to Review Eastern Bank Bond Statement · Oct 21, 2026UndisclosedTown of Wareham, MassachusettsCommittee to Review Eastern Bank Bond Ladder Statement · Oct 21, 2026UndisclosedTown of Saugus, MassachusettsEastern Bank Account Statements Listed For Review · Oct 20, 2026UndisclosedTown of Carver, MassachusettsCommittee to Review Eastern Bank Bond Ladder Statement · Sep 22, 2026UndisclosedAll Eastern Bank contractsVendor profile

More Somerville School District contracts

Mass Cultural CouncilMass Cultural Council Grant Accepted for Healey · Sep 14, 2026$5KCummings School Warming CenterMOU Authorized for Cummings School Warming Center · Sep 14, 2026UndisclosedMass Cultural CouncilMass Cultural Council Grant Accepted for Capuano · Sep 14, 2026$5KMass Cultural CouncilMass Cultural Council Grant Accepted for Winter Hill · Sep 14, 2026$5KMass Cultural CouncilMass Cultural Council Grant Accepted for Argenziano · Sep 14, 2026$5KAll Somerville School District activityAgency profile

Questions about this contract

Who was awarded the banking services contract by Somerville School District?

Eastern Bank was awarded this banking services contract by Somerville School District, as recorded on September 25, 2025.

What type of contract is this?

This is a Banking Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-somerville-city-council-meeting-minutes-september-25-2025_f5e.pdf (Minutes), dated September 25, 2025 from Somerville School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Eastern Bank hold?

Eastern 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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What is Somerville School District currently buying?

Explore Somerville School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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