CONTRACTAPPROVED

Grand Isle County Awards $550,000 Loan Contract to Northfield Savings Bank (February 2025)

Disclosed value: $550,000; From meeting minutes
Approved: Feb 17, 2025

What it covers

Grand Isle approves a $550,000 line of credit loan through Northfield Savings Bank for the Library and Community Space Project, featuring a 4.85% interest rate. Jennifer Morway and Karen will manage the account.

Who holds it

Northfield Savings Bank holds this loan contract with Grand Isle County. Its other public contracts on record include work for Town of Cabot and Vermont state Housing Authority.

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Contract details

Contract type: Loan
Amount: $550,000
Document date: February 17, 2025
Term: NA
Vendor: Northfield Savings Bank
Agency: Grand Isle County
Source document: grand-isle-county-meeting-minutes-2025-02-17_3d7.pdf (Meeting Minutes)

Northfield Savings Bank's other public contracts

Town of Cabot, VermontSelectboard Approves $101,468 Northfield Savings Bank Loan · Oct 20, 2026$101.5K Town of Cabot, VermontSelectboard Approves $101,468 Northfield Savings Bank Loan · Oct 20, 2026$101.5K Town of Cabot, VermontSelectboard Approves Fire Department Loan from Northfield · Oct 13, 2026101468 Vermont state Housing Authority, VermontVSHA Approves $3 Million Northfield Credit Facility · Sep 23, 2026$3M Town of Hinesburg, VermontHinesburg Approves Northfield Police Vehicle Loan · Sep 16, 2026 All Northfield Savings Bank contractsVendor profile

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Questions about this contract

Who was awarded the loan contract by Grand Isle County?

Northfield Savings Bank was awarded this loan contract by Grand Isle County, as recorded on February 17, 2025. The contract value is $550,000.

How much is the Northfield Savings Bank contract with Grand Isle County worth?

The Northfield Savings Bank contract with Grand Isle County is valued at $550,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in grand-isle-county-meeting-minutes-2025-02-17_3d7.pdf (Meeting Minutes), dated February 17, 2025 from Grand Isle County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Northfield Savings Bank hold?

Northfield 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.

What is Grand Isle County currently buying?

Explore Grand Isle County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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