FINANCIAL_SERVICESAPPROVED

Town of Luce Awards Financial Services Contract to Spencer County Bank (January 2026)

Luce Township Board approved investment of $150,000, $40,000, and $10,000 in 13-month CDs at Spencer County Bank for various funds. These CDs feature competitive rates to support township and fire finances.

Status
APPROVED
Document date
January 6, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Spencer County Bank
Agency
Town of Luce · IN

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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
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
$150,000 (Township fund), $40,000 (Fire Territory fund), $10,000 (Fire Territory Equipment Replacement)
Contract type
FINANCIAL_SERVICES
Contract term
13 month CDs (purchased January 2026)
Renewal date
2027-02-10
Renewal
13 month term CDs approved in January 2026; renewal possible at maturity in February/March 2027.
Document type
Minutes
Source document
Luce Township Board Meeting Minutes January 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

Spencer County Bank was awarded this financial services contract by Town of Luce, as recorded on January 6, 2026. The contract value is $150,000 (Township fund), $40,000 (Fire Territory fund), $10,000 (Fire Territory Equipment Replacement).

How much is the Spencer County Bank contract with Town of Luce worth?

The Spencer County Bank contract with Town of Luce is valued at $150,000 (Township fund), $40,000 (Fire Territory fund), $10,000 (Fire Territory Equipment Replacement), 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 Luce Township Board Meeting Minutes January 2026 (Minutes), dated January 6, 2026 from Town of Luce. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Spencer County Bank hold?

Spencer County 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 Spencer County Bank's profile

What is Town of Luce currently buying?

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

View Town of Luce's profile

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