Town Board Reviewed Harbor Bank Line of Credit Proposal
Town of AndoverCity · Andover, NH- Disclosed value
- $2,000,000
- From meeting minutes
- Document date
- Jun 19, 2025
The 30-second brief
Harbor Bank and Trust sent their proposal for a line of credit of 2 million dollars. Interest rate is 5.52% if borrowed against. Stewart asked if Franklin Savings Bank was competitive with Harbor Bank.
Harbor Bank & Trust holds this financial services contract with Town of Andover.
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Contract details
- Contract type
- Financial Services
- Amount
- $2,000,000
- Document date
- June 19, 2025
- Term
- NA
- Vendor
- Harbor Bank & Trust
- Agency
- Town of Andover
- Source document
- town-of-andover-meeting-minutes-2025-06-19_7ed.pdf (Meeting Minutes)
Harbor Bank & Trust's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Town of Andover?
Harbor Bank & Trust was awarded this financial services contract by Town of Andover, as recorded on June 19, 2025. The contract value is $2,000,000.
How much is the Harbor Bank & Trust contract with Town of Andover worth?
The Harbor Bank & Trust contract with Town of Andover is valued at $2,000,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in town-of-andover-meeting-minutes-2025-06-19_7ed.pdf (Meeting Minutes), dated June 19, 2025 from Town of Andover. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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