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Town of Stonington Awards Financial Services Contract to Bangor Savings Bank (February 2026)

Town of Stonington
Disclosed value
$6,000 per year
From minutes
Approved
Feb 16, 2026

The 30-second brief

What it covers

The Selectmen approved a contract with Bangor Savings Bank to provide payroll services for town employees at a cost of $6,000 per year. The service will include mobile time entry, periodic reporting, and bank-provided training.

Who holds it

Bangor Savings Bank holds this financial services contract with Town of Stonington. Its other public contracts on record include work for Town of Hampden and City of Belfast.

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Contract details

Contract type
Financial Services
Amount
$6,000 per year
Document date
February 16, 2026
Vendor
Bangor Savings Bank
Agency
Town of Stonington
Source document
Selectman's Minutes February 16, 2026 (Minutes)

Bangor Savings Bank's other public contracts

Town of Hampden, MaineHampden Replaces Bangor Savings as Trust Trustee · Oct 13, 2026UndisclosedCity of Belfast, MaineBangor Savings Bank Holds City Long-Term Reserves · Sep 15, 2026Town of Skowhegan, MaineBangor Savings Bank Appears in Payroll Warrant · Sep 8, 2026UndisclosedCity of Bangor, MaineBank Letter of Credit Secures Subdivision Improvements · Sep 1, 2026UndisclosedCity of Bangor, MaineLetter of credit backs Pushaw Road subdivision · Aug 28, 2026UndisclosedAll Bangor Savings Bank contractsVendor profile

More Town of Stonington contracts

TRIOStonington Approves $8,500 Vehicle Registration Software Purchase · Jun 16, 2026$8.5KHaskell ElectricHeat Pump Installation Approved for Transfer Station Office · Apr 20, 2026up to $6,300Maine Municipal Bond BankStonington Water Bond Financing Approved with Bond Bank · Feb 9, 2026Bds Tire RecyclingTown Plans Tire Recycling with BDS Tire Recycling · Feb 2, 2026Hancock County Planning CommissionTown Approves Planning Contract for Comp Plan Update · Feb 2, 2026UndisclosedAll Town of Stonington activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Town of Stonington?

Bangor Savings Bank was awarded this financial services contract by Town of Stonington, as recorded on February 16, 2026. The contract value is $6,000 per year.

How much is the Bangor Savings Bank contract with Town of Stonington worth?

The Bangor Savings Bank contract with Town of Stonington is valued at $6,000 per year, 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 Selectman's Minutes February 16, 2026 (Minutes), dated February 16, 2026 from Town of Stonington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bangor Savings Bank hold?

Bangor 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 Town of Stonington currently buying?

Explore Town of Stonington's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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