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Town of Bridgton Investment Committee Meeting Minutes 2026-05-14

Bridgton Flags Issues With Fi-Tek Reporting Data

Bridgton Water DistrictFI-TEK LLCMay 14, 2026

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Description

The Investment Committee discussed unresolved historical performance reporting issues linked to Fi-Tek LLC, Norway Savings Bank’s fiduciary reporting provider. The period from April 2024 through March 2025 remains problematic, prompting consideration of a formal letter to Norway’s senior leadership.

Contract Details

Vendor

FI-TEK LLC

Agency

Bridgton Water District, ME

Contract Type

TECHNOLOGY

Document Date

May 14, 2026

Renewal Info

Fi-Tek LLC provides ongoing fiduciary reporting services to Norway Savings Bank used for the Town’s accounts; no renewal or amendment dates are specified in the minutes.

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