Village of Derby Line Trustees Meeting Minutes 2026-04-21
Loader Loan Held with Community National Bank
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Description
Community National Bank is the lender for the 2024 John Deere loader acquired by the Village of Derby Line. The loan carries a 4.495% rate, but the village is seeking refinancing to lower the interest costs.
Contract Details
Contract Amount
4.495% loan (refinancing planned)
Vendor
COMMUNITY NATIONAL BANK
Agency
Derby Line village, VT
Contract Type
FINANCIAL_SERVICES
Document Date
April 21, 2026
Renewal Info
Village seeking to refinance with Vermont Municipal Equipment Loan Fund at a lower rate.
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