Allegany County Awards Financial Services Contract to National Life (September 2026)
Allegany CountyCounty · Cumberland, MD- Disclosed value
- Initial rate of 4.25%; rate maintained at no less than 1% for the next ten years
- From minutes
- Approved
- Sep 3, 2026
- Renews
- Free account
The 30-second brief
Allegany County approved a new Length of Service Award Program investment arrangement offered through National Life. The arrangement starts at 4.25% and guarantees a rate of at least 1% for the next ten years.
National Life holds this financial services contract with Allegany County. Its other public contracts on record include work for Asbury Park School District and Atlantic County Special Services School District.
The renewal date is on record. A free account shows it, with the renewals for every Allegany County contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Initial rate of 4.25%; rate maintained at no less than 1% for the next ten years
- Document date
- September 3, 2026
- Term
- Ten years following the September 2026 expiration of the existing arrangement
- Renews
- Free account
- Vendor
- National Life
- Agency
- Allegany County
- Source document
- Allegany County Minutes Public Business Meeting 2026-09-03 (Minutes)
National Life's other public contracts
More Allegany County contracts
Questions about this contract
Who was awarded the financial services contract by Allegany County?
National Life was awarded this financial services contract by Allegany County, as recorded on September 3, 2026. The contract value is Initial rate of 4.25%; rate maintained at no less than 1% for the next ten years.
How much is the National Life contract with Allegany County worth?
The National Life contract with Allegany County is valued at Initial rate of 4.25%; rate maintained at no less than 1% for the next ten years, 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 Allegany County Minutes Public Business Meeting 2026-09-03 (Minutes), dated September 3, 2026 from Allegany County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does National Life hold?
National Life 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 Allegany County currently buying?
Explore Allegany County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.