FINANCIAL_SERVICESAPPROVED

Town of Boonsboro Awards Financial Services Contract to Middletown Valley Bank (April 2026)

The Boonsboro Mayor and Council authorized transferring $1 million from the Town’s Middletown Valley Bank General Fund ICS account to First United Bank and Trust to obtain a higher interest rate. This action modifies the Town’s banking and investment allocation but does not reflect a new expenditure.

Status
APPROVED
Document date
April 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Middletown Valley Bank
Agency
Town of Boonsboro · MD

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TerraCycle logo
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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
$1,000,000 (funds transfer)
Contract type
FINANCIAL_SERVICES
Document type
Minutes
Source document
Boonsboro Mayor and Council Meeting Minutes April 13, 2026

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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 Boonsboro?

Middletown Valley Bank was awarded this financial services contract by Town of Boonsboro, as recorded on April 13, 2026. The contract value is $1,000,000 (funds transfer).

How much is the Middletown Valley Bank contract with Town of Boonsboro worth?

The Middletown Valley Bank contract with Town of Boonsboro is valued at $1,000,000 (funds transfer), 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 Boonsboro Mayor and Council Meeting Minutes April 13, 2026 (Minutes), dated April 13, 2026 from Town of Boonsboro. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Middletown Valley Bank hold?

Middletown Valley 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 Middletown Valley Bank's profile

What is Town of Boonsboro currently buying?

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

View Town of Boonsboro's profile

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