CONTRACTAPPROVED

Town of Trappe Awards $645,000 Financial Services Contract to Shore United Bank N.A. (January 2026)

Disclosed value: $645,000.00; From minutes
Approved: Jan 7, 2026

What it covers

The Trappe Town Council adopted Ordinance 7-2025 authorizing a $645,000 line of credit promissory note with Shore United Bank, N.A. to provide interim financing for wastewater treatment plant ENR upgrade costs. The loan will be repaid from Maryland Department of the Environment grant funds and backed by the Town’s full faith and credit.

Who holds it

Shore United Bank N.A. holds this financial services contract with Town of Trappe.

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Contract details

Contract type: Financial Services
Amount: $645,000.00
Document date: January 7, 2026
Vendor: Shore United Bank N.A.
Agency: Town of Trappe
Source document: Trappe Town Council Meeting Minutes January 7 2026 (Minutes)

Shore United Bank N.A.'s other public contracts

Town of Trappe, MarylandTown Considers $645,000 Line of Credit for Plant Upgrade · Jan 7, 2026$645K Town of Trappe, MarylandShore United Bank line of credit renewal for $100K · Dec 3, 2025$100K Town of Trappe, MarylandShore United Bank line of credit renewal for $100,000 · Dec 3, 2025$100K Town of Trappe, MarylandShore United Bank $645,000 loan for wastewater plant upgrade · Dec 3, 2025$645K Town of Trappe, MarylandShore United Bank $645K loan for wastewater treatment plant design · Dec 3, 2025$645K All Shore United Bank N.A. contractsVendor profile

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Questions about this contract

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

Shore United Bank N.A. was awarded this financial services contract by Town of Trappe, as recorded on January 7, 2026. The contract value is $645,000.00.

How much is the Shore United Bank N.A. contract with Town of Trappe worth?

The Shore United Bank N.A. contract with Town of Trappe is valued at $645,000.00, 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 Trappe Town Council Meeting Minutes January 7 2026 (Minutes), dated January 7, 2026 from Town of Trappe. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Shore United Bank N.A. hold?

Shore United Bank N.A. 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 Trappe currently buying?

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

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