FINANCIAL_SERVICESAPPROVED

Town of Hermon Awards Financial Services Contract to Machias Savings Bank (August 2026)

The Hermon Town Council approved a resolution allowing the Finance Director to request an increase in the Town’s total credit card limit with Machias Savings Bank from $25,000 to $40,000. The additional $15,000 capacity is intended to support small and emergency purchases during high-volume periods.

Status
APPROVED
Document date
August 6, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Machias Savings Bank
Agency
Town of Hermon · ME

Trusted by teams at

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
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
Increase from $25,000.00 to $40,000.00 credit limit
Contract type
FINANCIAL_SERVICES
Renewal
Action modifies the existing municipal credit card arrangement by increasing the aggregate limit; no term or renewal schedule specified.
Document type
AgendaPacket
Source document
Town of Hermon AgendaPacket Council Training Workshop & Town Council Meeting 2026-08-06

Related contracts

Other contracts from Machias Savings Bank.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

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

Machias Savings Bank was awarded this financial services contract by Town of Hermon, as recorded on August 6, 2026. The contract value is Increase from $25,000.00 to $40,000.00 credit limit.

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

The Machias Savings Bank contract with Town of Hermon is valued at Increase from $25,000.00 to $40,000.00 credit limit, 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 Town of Hermon AgendaPacket Council Training Workshop & Town Council Meeting 2026-08-06 (AgendaPacket), dated August 6, 2026 from Town of Hermon. 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 Hermon currently buying?

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

View Town of Hermon's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free