City of Nanticoke Work Session/City Council Meeting Agenda April 2026
City selects Banc Leasing for police SUV financing
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Description
City of Nanticoke approved a 5-year lease-purchase financing agreement with Banc Leasing LLC (Fidelity Bank) to fund a 2026 Ford Interceptor SUV and related equipment. The financing totals $70,568.61 at 5.32% interest plus a $350 documentation fee, with a $1 buyout at the end of the term.
Contract Details
Contract Amount
$70,568.61 plus $350 Documentation Fee
Vendor
BANC LEASING LLC (FIDELITY BANK)
Agency
City of Nanticoke, PA
Contract Type
FINANCIAL_SERVICES
Document Date
April 15, 2026
Contract Term
5-year lease-purchase, 5.32% interest, $1 buyout at lease end
Renewal Info
Single 5-year lease-purchase term with $1 buyout; no renewals or extensions described.
More from BANC LEASING LLC (FIDELITY BANK)
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City of Nanticoke Work Session/City Council Meeting Agenda April 2026
City of Nanticoke Council Meeting Minutes April 15 2026
City of Nanticoke Council Meeting Minutes April 15 2026
City of Nanticoke Work Session/City Council Meeting Agenda April 2026
City of Nanticoke Council Meeting Minutes April 15 2026
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