City of Nanticoke Awards Financial Services Contract to Banc Leasing Llc (fidelity Bank) (April 2026)

The City of Nanticoke Council authorized a 5-year lease-purchase financing agreement with Banc Leasing LLC (Fidelity Bank) for a 2026 Ford Interceptor SUV, totaling $70,568.61 at 5.32% interest. The financing includes a $350 documentation fee and a $1 buyout option at lease end, with payments starting in 2027.

Scope & details

The full contract record, as filed.

Contract amount

$70,568.61 plus $350 Documentation Fee, $1 buyout at lease end

Contract type

FINANCIAL_SERVICES

Contract term

5-year lease-purchase, payments beginning in 2027

Renewal

Fixed 5-year lease-purchase term with $1 buyout; no renewal or extension options described.

Document type

Minutes

Source document

City of Nanticoke Council Meeting Minutes April 15 2026

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City of Nanticoke Work Session/City Council Meeting Agenda April 2026

APPROVED

City of Nanticoke, Pennsylvania$70,568.61 plus $350 Documentation FeeApr 15, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Nanticoke?

Banc Leasing Llc (fidelity Bank) was awarded this financial services contract by City of Nanticoke, as recorded on April 15, 2026. The contract value is $70,568.61 plus $350 Documentation Fee, $1 buyout at lease end.

How much is the Banc Leasing Llc (fidelity Bank) contract with City of Nanticoke worth?

The Banc Leasing Llc (fidelity Bank) contract with City of Nanticoke is valued at $70,568.61 plus $350 Documentation Fee, $1 buyout at lease end, 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 City of Nanticoke Council Meeting Minutes April 15 2026 (Minutes), dated April 15, 2026 from City of Nanticoke. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Banc Leasing Llc (fidelity Bank) hold?

Banc Leasing Llc (fidelity 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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