FINANCIAL_SERVICESAPPROVED

Town of Canaan Awards Financial Services Contract to Somerville Bank (June 2024)

The Village Council approved opening a new utility payment savings account at Somerville Bank with an initial $100 deposit. The Mayor and Fiscal Officer will serve as account holders.

Status
APPROVED
Document date
June 6, 2024
Contract type
FINANCIAL_SERVICES
Vendor
Somerville Bank
Agency
Town of Canaan · OH

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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
$100 initial account deposit
Contract type
FINANCIAL_SERVICES
Contract term
Open account; ongoing
Renewal
No renewal terms; ongoing bank deposit account.
Document type
Meeting Minutes
Source document
town-of-canaan-meeting-minutes-2024-06-06_f7c.pdf

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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 Canaan?

Somerville Bank was awarded this financial services contract by Town of Canaan, as recorded on June 6, 2024. The contract value is $100 initial account deposit.

How much is the Somerville Bank contract with Town of Canaan worth?

The Somerville Bank contract with Town of Canaan is valued at $100 initial account deposit, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-canaan-meeting-minutes-2024-06-06_f7c.pdf (Meeting Minutes), dated June 6, 2024 from Town of Canaan. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Somerville Bank hold?

Somerville 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 Somerville Bank's profile

What is Town of Canaan currently buying?

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

View Town of Canaan's profile

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