FINANCIAL_SERVICESAPPROVED

Banks Fire District #13 Awards Financial Services Contract to Summit Bank (June 2026)

Banks Fire District #13 approved resolution 06232026B to establish a $300,000 operating line of credit with Summit Bank as an emergency financial safety net. The annually renewing facility, available from August through December with an estimated six percent interest rate and a $500 setup fee, is intended to address unforeseen operational expenses if needed.

Status
APPROVED
Document date
June 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Summit Bank
Agency
Banks Fire District #13 · OR

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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
$300,000 borrowing limit; approximately $500 fee to establish line of credit
Contract type
FINANCIAL_SERVICES
Contract term
Available annually from August through December; line of credit renews annually and can remain open indefinitely, subject to annual renewal
Renewal
Line of credit is structured to renew annually with a $300,000 borrowing limit and can remain open indefinitely, subject to annual renewal; Board requested advance notice prior to any use.
Document type
Minutes
Source document
Banks Fire District #13 Special Board Meeting Minutes 2026-06-23

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Banks Fire District #13?

Summit Bank was awarded this financial services contract by Banks Fire District #13, as recorded on June 23, 2026. The contract value is $300,000 borrowing limit; approximately $500 fee to establish line of credit.

How much is the Summit Bank contract with Banks Fire District #13 worth?

The Summit Bank contract with Banks Fire District #13 is valued at $300,000 borrowing limit; approximately $500 fee to establish line of credit, 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 Banks Fire District #13 Special Board Meeting Minutes 2026-06-23 (Minutes), dated June 23, 2026 from Banks Fire District #13. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Summit Bank hold?

Summit 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 Summit Bank's profile

What is Banks Fire District #13 currently buying?

Explore Banks Fire District #13's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Banks Fire District #13's profile

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