FINANCIAL_SERVICESAPPROVED

Borough of New Freedom Awards Financial Services Contract to Orrstown Bank (July 2026)

New Freedom Borough Council approved a Fourth Amendment to its ground lease with Orrstown Bank, adding $500 per month to the rent and establishing an annual renewal clause with a 5% increase. The amendment updates the financial terms of the Borough’s existing lease with the bank.

Status
APPROVED
Document date
July 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Orrstown Bank
Agency
Borough of New Freedom · 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
$500 per month increase (existing base rent amount not stated)
Contract type
FINANCIAL_SERVICES
Contract term
Annual renewal clause with 5% increase at each renewal
Renewal
Fourth Amendment to Ground Lease adds an annual renewal clause with a 5% rent increase at each renewal; prior term details are not provided in the minutes.
Document type
AgendaPacket
Source document
New Freedom Borough Council Meeting Agenda Packet 2026-07-13

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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 New Freedom?

Orrstown Bank was awarded this financial services contract by Borough of New Freedom, as recorded on July 13, 2026. The contract value is $500 per month increase (existing base rent amount not stated).

How much is the Orrstown Bank contract with Borough of New Freedom worth?

The Orrstown Bank contract with Borough of New Freedom is valued at $500 per month increase (existing base rent amount not stated), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in New Freedom Borough Council Meeting Agenda Packet 2026-07-13 (AgendaPacket), dated July 13, 2026 from Borough of New Freedom. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Orrstown Bank hold?

Orrstown 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 Orrstown Bank's profile

What is Borough of New Freedom currently buying?

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

View Borough of New Freedom's profile

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