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FINANCIAL_SERVICESAPPROVED

Boonsboro Mayor and Council Meeting Minutes April 13, 2026

Town Deposits $1M With First United Bank & Trust

$1,000,000 (funds transfer)Town of BoonsboroFIRST UNITED BANK & TRUSTApril 13, 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

Description

Boonsboro’s Mayor and Council approved depositing $1 million of General Fund reserves into First United Bank and Trust to secure a higher interest rate. The move reallocates the Town’s banking relationship for investment purposes.

Contract Details

Contract Amount

$1,000,000 (funds transfer)

Vendor

FIRST UNITED BANK & TRUST

Agency

Town of Boonsboro, MD

Contract Type

FINANCIAL_SERVICES

Document Date

April 13, 2026

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