Town of Boonsboro Awards Financial Services Contract to First United Bank & Trust (April 2026)
Town of BoonsboroCity · Boonsboro, MD- Disclosed value
- $1,000,000 (funds transfer)
- From minutes
- Approved
- Apr 13, 2026
The 30-second brief
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.
First United Bank & Trust holds this financial services contract with Town of Boonsboro. Its other public contracts on record include work for Mineral County and Mineral County School District.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,000,000 (funds transfer)
- Document date
- April 13, 2026
- Agency
- Town of Boonsboro
- Source document
- Boonsboro Mayor and Council Meeting Minutes April 13, 2026 (Minutes)
First United Bank & Trust's other public contracts
More Town of Boonsboro contracts
Questions about this contract
Who was awarded the financial services contract by Town of Boonsboro?
First United Bank & Trust was awarded this financial services contract by Town of Boonsboro, as recorded on April 13, 2026. The contract value is $1,000,000 (funds transfer).
How much is the First United Bank & Trust contract with Town of Boonsboro worth?
The First United Bank & Trust contract with Town of Boonsboro is valued at $1,000,000 (funds transfer), 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 Boonsboro Mayor and Council Meeting Minutes April 13, 2026 (Minutes), dated April 13, 2026 from Town of Boonsboro. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First United Bank & Trust hold?
First United Bank & Trust 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 Town of Boonsboro currently buying?
Explore Town of Boonsboro's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.