Borough of Magnolia Awards Financial Services Contract to First Colonial Bank (March 2025)
- Disclosed value
- $100.00 counterfeit loss
- From meeting minutes
- Approved
- Mar 20, 2025
The 30-second brief
The Borough of Magnolia approved Resolution 2025-84 acknowledging a $100 counterfeit loss discovered by First Colonial Bank in connection with borough transactions. The action formally records or writes off the loss as reported by the bank.
First Colonial Bank holds this financial services contract with Borough of Magnolia. Its other public contracts on record include work for Borough of Riverton and Brooklawn Public School District.
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Contract details
- Contract type
- Financial Services
- Amount
- $100.00 counterfeit loss
- Document date
- March 20, 2025
- Vendor
- First Colonial Bank
- Agency
- Borough of Magnolia
- Source document
- borough-of-magnolia-meeting-minutes-2025-03-20_b5f.pdf (Meeting Minutes)
First Colonial Bank's other public contracts
More Borough of Magnolia contracts
Questions about this contract
Who was awarded the financial services contract by Borough of Magnolia?
First Colonial Bank was awarded this financial services contract by Borough of Magnolia, as recorded on March 20, 2025. The contract value is $100.00 counterfeit loss.
How much is the First Colonial Bank contract with Borough of Magnolia worth?
The First Colonial Bank contract with Borough of Magnolia is valued at $100.00 counterfeit loss, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a meeting minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in borough-of-magnolia-meeting-minutes-2025-03-20_b5f.pdf (Meeting Minutes), dated March 20, 2025 from Borough of Magnolia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First Colonial Bank hold?
First Colonial 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 Borough of Magnolia currently buying?
Explore Borough of Magnolia's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.