FINANCIAL_SERVICESAPPROVED

Borough of Jermyn Awards $415,300 Financial Services Contract to First National Bank (March 2026)

Jermyn Borough Council approved a three-year $415,300 loan from First National Bank at a 4.30% interest rate to finance paving and sewer projects tied to reimbursable grants. The borrowing will support upfront costs while grant reimbursements are processed.

Status
APPROVED
Document date
March 19, 2026
Contract type
FINANCIAL_SERVICES
Vendor
First National Bank
Agency
Borough of Jermyn · PA

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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
$415,300.00
Contract type
FINANCIAL_SERVICES
Contract term
Three-year loan at 4.30% interest rate
Renewal
Three-year fixed term loan; no renewal terms mentioned in minutes.
Document type
Minutes
Source document
Jermyn Borough Council 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 Borough of Jermyn?

First National Bank was awarded this financial services contract by Borough of Jermyn, as recorded on March 19, 2026. The contract value is $415,300.00.

How much is the First National Bank contract with Borough of Jermyn worth?

The First National Bank contract with Borough of Jermyn is valued at $415,300.00, 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 Jermyn Borough Council Meeting Minutes March 2026 (Minutes), dated March 19, 2026 from Borough of Jermyn. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First National Bank hold?

First National 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 First National Bank's profile

What is Borough of Jermyn currently buying?

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

View Borough of Jermyn's profile

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