FINANCIAL_SERVICESONGOING

Borough Moves Funds to Higher-Yield Pennian Account

Bloomfield Borough transitioned its money market holdings into Pennian’s Pennian Plus Public Funds Money Market product to obtain higher interest income. This change enhances the Borough’s returns on existing banked funds.

Status
ONGOING
Document date
April 7, 2026
Contract type
FINANCIAL_SERVICES
Vendor
PENNIAN
Agency
Borough of Bloomfield · PA

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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 type
FINANCIAL_SERVICES
Document type
Minutes
Source document
Bloomfield Borough Council Minutes 2026-04-07

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Borough of Bloomfield?

PENNIAN was awarded this financial services contract by Borough of Bloomfield, as recorded on April 7, 2026.

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 Bloomfield Borough Council Minutes 2026-04-07 (Minutes), dated April 7, 2026 from Borough of Bloomfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does PENNIAN hold?

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