FINANCIAL_SERVICESAPPROVED

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

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.

Document date · January 12, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch 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
SafeTouch logo
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Scope & details

The full contract record, as filed.

Contract amount
$1,000,000.00 (12-month CD at 3.43%) and $625,000.00 (24-month CD at 3.18%)
Contract type
FINANCIAL_SERVICES
Contract term
12-month CD at 3.43% and 24-month CD at 3.18%
Renewal
CDs are fixed-term deposits of 12 and 24 months; renewal or rollover options are not specified and will require future Board action upon maturity.
Document type
Minutes
Source document
Shoshone Municipal Water Joint Powers Board Meeting Minutes 2026-01-12

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Frequently asked questions

Common questions about this contract, answered from the record.

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.

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.

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