FINANCIAL_SERVICESAPPROVED

Town of Jonesport Awards $200,000 Financial Services Contract to Machias Savings Bank (May 2026)

Machias Savings Bank approved a $200,000 line of credit and related deposit accounts to support cash flow for Jonesport’s Henry Point Working Waterfront grants. The credit line will be drawn as needed and repaid as grant reimbursements are received.

Status
APPROVED
Document date
May 21, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Machias Savings Bank
Agency
Town of Jonesport · 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 amount
$200,000
Contract type
FINANCIAL_SERVICES
Renewal
Line of credit to be disbursed as needed and repaid from grant reimbursements; specific renewal or maturity terms not provided.
Document type
Minutes
Source document
Town of Jonesport Minutes Henry Point Working Waterfront Project Combined Committee Meeting 2026-05-21

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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 Jonesport?

Machias Savings Bank was awarded this financial services contract by Town of Jonesport, as recorded on May 21, 2026. The contract value is $200,000.

How much is the Machias Savings Bank contract with Town of Jonesport worth?

The Machias Savings Bank contract with Town of Jonesport is valued at $200,000, 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 Town of Jonesport Minutes Henry Point Working Waterfront Project Combined Committee Meeting 2026-05-21 (Minutes), dated May 21, 2026 from Town of Jonesport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Machias Savings Bank hold?

Machias Savings 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 Machias Savings Bank's profile

What is Town of Jonesport currently buying?

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

View Town of Jonesport's profile

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