FINANCIAL_SERVICESAPPROVED

Town of Newport Awards Financial Services Contract to TOWNEBANK (May 2026)

By resolution, the Town of Newport designated TowneBank as an official depository for municipal funds. TowneBank is authorized to hold town deposits under state collateralization rules.

Status
APPROVED
Document date
May 14, 2026
Contract type
FINANCIAL_SERVICES
Vendor
TOWNEBANK
Agency
Town of Newport · NC

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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
Designation as an official depository remains in effect until amended or repealed by a future resolution.
Document type
Minutes
Source document
Town of Newport Minutes 2026-05-14

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Frequently asked questions

Common questions about this contract, answered from the record.

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

TOWNEBANK was awarded this financial services contract by Town of Newport, as recorded on May 14, 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 Newport Minutes 2026-05-14 (Minutes), dated May 14, 2026 from Town of Newport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does TOWNEBANK hold?

TOWNEBANK 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 Town of Newport currently buying?

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