FINANCIAL_SERVICESAPPROVED

Craftsbury School District Awards Financial Services Contract to Union Bank (June 2026)

The Craftsbury School Board approved Union Bank’s Insured Cash Sweep proposal for an $850,000 FY27 TAN/CEN line of credit to manage cash flow for in-state expenses. The decision follows a finance committee recommendation based on convenience and favorable interest on balances.

Status
APPROVED
Document date
June 10, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Union Bank
Agency
Craftsbury School District · VT

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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 amount
$850K
Contract type
FINANCIAL_SERVICES
Contract term
FY27 tax anticipation borrowing period (over the course of the year)
Renewal
Single-year tax anticipation borrowing for FY27; no explicit multi-year renewal terms mentioned.
Document type
Minutes
Source document
Orleans Southwest Supervisory Union School Board Minutes 2026-06-10

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Craftsbury School District?

Union Bank was awarded this financial services contract by Craftsbury School District, as recorded on June 10, 2026. The contract value is $850K.

How much is the Union Bank contract with Craftsbury School District worth?

The Union Bank contract with Craftsbury School District is valued at $850K, 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 Orleans Southwest Supervisory Union School Board Minutes 2026-06-10 (Minutes), dated June 10, 2026 from Craftsbury School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Union Bank hold?

Union 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.

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What is Craftsbury School District currently buying?

Explore Craftsbury School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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