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Town of Penn Awards $240,000 Investment Contract to Central Penn Bank (November 2025)

Town of Penn
Disclosed value
$240,000
From minutes
Approved
Nov 19, 2025
Term
one year

The 30-second brief

What it covers

Central Penn Bank and Trust awarded $240,000 investment contract for one year to reinvest matured CD at a competitive interest rate.

Who holds it

Central Penn Bank holds this investment contract with Town of Penn. Its other public contracts on record include work for Borough of Freeburg and Town of Chapman.

What happens next

Term as filed: one year.

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Contract details

Contract type
Investment
Amount
$240,000
Document date
November 19, 2025
Term
one year
Vendor
Central Penn Bank
Agency
Town of Penn
Source document
penn_township_supervisor_meeting_minutes_november.pdf (Minutes)

Central Penn Bank's other public contracts

Borough of Freeburg, PennsylvaniaCentral Penn Bank construction loan refinancing underway · Aug 13, 2026Borough of Freeburg, PennsylvaniaAuthority Refinances Construction Loan With Central Penn Bank · Jul 16, 2026Town of Chapman, PennsylvaniaTownship Notes CD Maturing at Central Penn Bank · Jul 6, 2026Mifflinburg Area SD, PennsylvaniaDistrict Continues Investments with Central Penn Bank · May 12, 2026UndisclosedMifflinburg Area SD, PennsylvaniaBoard Approves Central Penn Bank for Investments · May 12, 2026UndisclosedAll Central Penn Bank contractsVendor profile

More Town of Penn contracts

Lycoming County LandfillSupervisors Discuss Landfill Recycling Rate Increase · Sep 16, 2026Lycoming County Resource Management ServicesRecycling Bin Pull Fees Set to Increase · Aug 19, 2026Rice, ColinAccounts Payable Approved · Aug 19, 2026$375Rice, ColinWeed Removal Job Awarded to Colin Rice · Aug 19, 2026$375Bp SolarBP Solar Project Compliance Issues Discussed · Aug 19, 2026UndisclosedAll Town of Penn activityAgency profile

Questions about this contract

Who was awarded the investment contract by Town of Penn?

Central Penn Bank was awarded this investment contract by Town of Penn, as recorded on November 19, 2025. The contract value is $240,000.

How much is the Central Penn Bank contract with Town of Penn worth?

The Central Penn Bank contract with Town of Penn is valued at $240,000, covering investment work.

What type of contract is this?

This is a Investment contract, documented as a minutes record.

Where was this contract approved?

This contract appears in penn_township_supervisor_meeting_minutes_november.pdf (Minutes), dated November 19, 2025 from Town of Penn. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Central Penn Bank hold?

Central Penn 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 Penn currently buying?

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

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