FINANCIAL_SERVICESAWARDED

Borough of Hasbrouck Heights Awards Financial Services Contract to Spencer Savings Bank (June 2026)

The Borough of Hasbrouck Heights sold a $3,431,000 Bond Anticipation Note dated May 13, 2026, which Spencer Savings Bank purchased at an interest rate of 3.25%. The financing will support various capital ordinances, with proceeds deposited into the Capital Fund.

Status
AWARDED
Document date
June 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Spencer Savings Bank
Agency
Borough of Hasbrouck Heights · NJ

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WithersRavenel logo
Derivita logo
Comcate logo
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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
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IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$3,431,000 at 3.25% interest
Contract type
FINANCIAL_SERVICES
Contract term
Bond Anticipation Note dated May 13, 2026 (term not specified)
Document type
Minutes
Source document
Borough of Hasbrouck Heights Meeting Minutes 2026-06-16

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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 Hasbrouck Heights?

Spencer Savings Bank was awarded this financial services contract by Borough of Hasbrouck Heights, as recorded on June 16, 2026. The contract value is $3,431,000 at 3.25% interest.

How much is the Spencer Savings Bank contract with Borough of Hasbrouck Heights worth?

The Spencer Savings Bank contract with Borough of Hasbrouck Heights is valued at $3,431,000 at 3.25% interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Borough of Hasbrouck Heights Meeting Minutes 2026-06-16 (Minutes), dated June 16, 2026 from Borough of Hasbrouck Heights. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Spencer Savings Bank hold?

Spencer 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.

View Spencer Savings Bank's profile

What is Borough of Hasbrouck Heights currently buying?

Explore Borough of Hasbrouck Heights's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Borough of Hasbrouck Heights's profile

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