CONTRACTAPPROVED

Shoshone Municipal Water Joint Powers Board Awards Financial Services Contract to Bank of Lovell (January 2026)

Shoshone Municipal Water Joint Powers Board logoShoshone Municipal Water Joint Powers Board
Disclosed value
$1,000,000.00 (12-month CD at 3.43%) and $625,000.00 (24-month CD at 3.18%)
From minutes
Approved
Jan 12, 2026

The 30-second brief

What it covers

The Shoshone Municipal Water Joint Powers Board authorized two new investment placements with Bank of Lovell: a $1,000,000 12‑month CD at 3.43% and a $625,000 24‑month CD at 3.18%. The decision reallocates funds from the First Bank of Wyoming account into higher-yielding certificates of deposit.

Who holds it

Bank of Lovell holds this financial services contract with Shoshone Municipal Water Joint Powers Board. Its other public contracts on record include work for Town of Byron and Town of Lovell.

What happens next

Term as filed: 12-month CD at 3.43% and 24-month CD at 3.18%.

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Contract details

Contract type
Financial Services
Amount
$1,000,000.00 (12-month CD at 3.43%) and $625,000.00 (24-month CD at 3.18%)
Document date
January 12, 2026
Term
12-month CD at 3.43% and 24-month CD at 3.18%
Source document
Shoshone Municipal Water Joint Powers Board Meeting Minutes 2026-01-12 (Minutes)

Bank of Lovell's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Shoshone Municipal Water Joint Powers Board?

Bank of Lovell was awarded this financial services contract by Shoshone Municipal Water Joint Powers Board, as recorded on January 12, 2026. The contract value is $1,000,000.00 (12-month CD at 3.43%) and $625,000.00 (24-month CD at 3.18%).

How much is the Bank of Lovell contract with Shoshone Municipal Water Joint Powers Board worth?

The Bank of Lovell contract with Shoshone Municipal Water Joint Powers Board is valued at $1,000,000.00 (12-month CD at 3.43%) and $625,000.00 (24-month CD at 3.18%), 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 Shoshone Municipal Water Joint Powers Board Meeting Minutes 2026-01-12 (Minutes), dated January 12, 2026 from Shoshone Municipal Water Joint Powers Board. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bank of Lovell hold?

Bank of Lovell 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 Shoshone Municipal Water Joint Powers Board currently buying?

Explore Shoshone Municipal Water Joint Powers Board's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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