CONTRACTAPPROVED

Crestwood SD Awards $4,150,000 Loan Contract to Fidelity Deposit & Discount Bank (June 2024)

Disclosed value: $4,150,000; From resolution
Approved: Jun 27, 2024
Term: Ending June 30, 2025

What it covers

Crestwood School District approves $4,150,000 tax and revenue anticipation note with The Fidelity Deposit and Discount Bank, maturing June 30, 2025, to address cash flow deficit.

Who holds it

Fidelity Deposit & Discount Bank holds this loan contract with Crestwood SD. Its other public contracts on record include work for Dunmore SD and Pottsville Area SD.

What happens next

Term as filed: Ending June 30, 2025.

See who signed off on this $4.2M contract.

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Contract details

Contract type: Loan
Amount: $4,150,000
Document date: June 27, 2024
Term: Ending June 30, 2025
Vendor: Fidelity Deposit & Discount Bank
Agency: Crestwood SD
Source document: crestwood-sd-resolution-tax-and-revenue-anticipation-note_34f.pdf (Resolution)

Fidelity Deposit & Discount Bank's other public contracts

Dunmore SD, PennsylvaniaFidelity Deposit And Discount Bank Chosen As Depository · May 20, 2026Undisclosed Pottsville Area SD, PennsylvaniaFinancial Services (FIDELITY DEPOSIT & DISCOUNT BANK) · Feb 28, 2026Undisclosed Town of Jenkins, PennsylvaniaJenkins Township Proposes Fidelity Bank Depository Designation · Jan 5, 2026Undisclosed Borough of Wyoming, PennsylvaniaFidelity Bank Named 2026 Borough Depository · Jan 5, 2026Undisclosed Borough of Avoca, PennsylvaniaBank Depository Approved for Borough Funds · Jan 5, 2026Undisclosed All Fidelity Deposit & Discount Bank contractsVendor profile

More Crestwood SD contracts

Luzerne County Redevelopment AuthorityDistrict to sell tax claims to Authority · Jan 1, 2025Undisclosed Luzerne County RedevelopmentSchool District selling Tax Claims to LCRA · Jan 1, 2025Undisclosed Luzerne County Redevelopment AuthorityCrestwood Schools Approves Sale of 2025 Tax Claims · Jan 1, 2025 Fsl Public FinanceCrestwood SD hires FSL Public Finance as advisor · Jun 27, 2024Undisclosed Stevens & LeeCrestwood SD engages Stevens & Lee as counsel · Jun 27, 2024Undisclosed All Crestwood SD activityAgency profile

Questions about this contract

Who was awarded the loan contract by Crestwood SD?

Fidelity Deposit & Discount Bank was awarded this loan contract by Crestwood SD, as recorded on June 27, 2024. The contract value is $4,150,000.

How much is the Fidelity Deposit & Discount Bank contract with Crestwood SD worth?

The Fidelity Deposit & Discount Bank contract with Crestwood SD is valued at $4,150,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a resolution record.

Where was this contract approved?

This contract appears in crestwood-sd-resolution-tax-and-revenue-anticipation-note_34f.pdf (Resolution), dated June 27, 2024 from Crestwood SD. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Fidelity Deposit & Discount Bank hold?

Fidelity Deposit & Discount 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 Crestwood SD currently buying?

Explore Crestwood SD's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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