FINANCIAL_SERVICESONGOING

Town Keeps Certificate of Deposit with Skowhegan Savings

The Town of Smithfield selectmen agreed to maintain the town’s certificate of deposit and banking relationship with Skowhegan Savings after discussion of alternative banks and interest rates. Officials cited the existing trustworthy relationship and potential penalties for moving the funds.

Status
ONGOING
Document date
March 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Skowhegan Savings
Agency
Town of Smithfield · ME

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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 type
FINANCIAL_SERVICES
Renewal
Ongoing banking and CD relationship; no change or transfer to another bank was authorized.
Document type
Minutes
Source document
Town of Smithfield Selectmen's Meeting Minutes March 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 Smithfield?

Skowhegan Savings was awarded this financial services contract by Town of Smithfield, as recorded on March 17, 2026.

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 Town of Smithfield Selectmen's Meeting Minutes March 2026 (Minutes), dated March 17, 2026 from Town of Smithfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Skowhegan Savings hold?

Skowhegan Savings 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 Skowhegan Savings's profile

What is Town of Smithfield currently buying?

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

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