FINANCIAL_SERVICESAPPROVED

Borough of Freeburg Awards Financial Services Contract to Central Penn Bank & Trust (July 2026)

The Freeburg Municipal Authority approved Resolution 2026-2 to refinance Loan #411180044 with Central Penn Bank & Trust, with the construction loan scheduled to end April 1, 2027. The bank will work with the Authority’s attorney on loan term modifications closer to the end date.

Document date · July 16, 2026

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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
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Construction loan end date April 1, 2027
Renewal date
2027-04-01
Renewal
Existing construction loan with Central Penn Bank & Trust runs through April 1, 2027; the Authority and bank intend to modify the loan term near the end date as part of the refinancing authorized by Resolution 2026-2.
Document type
Minutes
Source document
Freeburg Municipal Authority Minutes July 16, 2026

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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 Freeburg?

Central Penn Bank & Trust was awarded this financial services contract by Borough of Freeburg, as recorded on July 16, 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 Freeburg Municipal Authority Minutes July 16, 2026 (Minutes), dated July 16, 2026 from Borough of Freeburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Central Penn Bank & Trust hold?

Central Penn Bank & Trust 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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