Town of Upper Frederick Awards $148,000 Financial Services Contract to First Internet Bank (May 2023)
Town of Upper FrederickCity · Zieglerville, PA- Disclosed value
- $148,000
- From minutes
- Approved
- May 11, 2023
The 30-second brief
The Board of Supervisors approved reinvesting $148,000 from a matured Water Fund CD into a one-year certificate of deposit with First Internet Bank at a 5.36% interest rate. This action secures a higher return on township water fund reserves for the coming year.
First Internet Bank holds this financial services contract with Town of Upper Frederick. Its other public contracts on record include work for Town of Peninsula and Indian Boundary Conservancy District.
Term as filed: One-year certificate of deposit at 5.36% interest.
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Contract details
- Contract type
- Financial Services
- Amount
- $148,000
- Document date
- May 11, 2023
- Term
- One-year certificate of deposit at 5.36% interest
- Vendor
- First Internet Bank
- Agency
- Town of Upper Frederick
- Source document
- upper_frederick_township_board_of_supervisors_meet.pdf (Minutes)
First Internet Bank's other public contracts
More Town of Upper Frederick contracts
Questions about this contract
Who was awarded the financial services contract by Town of Upper Frederick?
First Internet Bank was awarded this financial services contract by Town of Upper Frederick, as recorded on May 11, 2023. The contract value is $148,000.
How much is the First Internet Bank contract with Town of Upper Frederick worth?
The First Internet Bank contract with Town of Upper Frederick is valued at $148,000, 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 upper_frederick_township_board_of_supervisors_meet.pdf (Minutes), dated May 11, 2023 from Town of Upper Frederick. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First Internet Bank hold?
First Internet 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 Upper Frederick currently buying?
Explore Town of Upper Frederick's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.