FINANCIAL_SERVICESAPPROVED

Borough of Sykesville Awards $250,000 Financial Services Contract to Mid Penn Bank (August 2026)

The Borough approved investing $250,000 from the Sludge Fund in a 15-month CD with Mid Penn Bank. The certificate carries a 3.85% rate and no early-withdrawal penalty.

Document date · August 17, 2026

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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
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$250,000.00
Contract type
FINANCIAL_SERVICES
Contract term
15-Month CD
Renewal date
2027-08-17
Renewal
15-month certificate of deposit; no penalty for early withdrawal. Signers to be determined, with a possibility of a Water/Sewer Authority signer.
Document type
Minutes
Source document
Borough of Sykesville Minutes Council Meeting 2026-08-17

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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 Sykesville?

Mid Penn Bank was awarded this financial services contract by Borough of Sykesville, as recorded on August 17, 2026. The contract value is $250,000.00.

How much is the Mid Penn Bank contract with Borough of Sykesville worth?

The Mid Penn Bank contract with Borough of Sykesville is valued at $250,000.00, 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 Borough of Sykesville Minutes Council Meeting 2026-08-17 (Minutes), dated August 17, 2026 from Borough of Sykesville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mid Penn Bank hold?

Mid Penn 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.

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