Central & Western Industrial Development Authority Awards Financial Services Contract to Ephrata National Bank (February 2026)
Central & Western Industrial Development AuthorityPublic Authority · Exton, PA- Disclosed value
- Original loan amount $412,000; current balance $227,000
- From minutes
- Approved
- Feb 18, 2026
- Renews
- Free account
The 30-second brief
The Central and Western Chester County Industrial Development Authority unanimously approved a modification to a loan originally issued by Ephrata National Bank. The $227,000 outstanding balance will carry a 5.80% fixed rate for 60 months, followed by a WSJP-plus-1.50% reset through February 7, 2041.
Ephrata National Bank holds this financial services contract with Central & Western Industrial Development Authority. Its other public contracts on record include work for Lancaster County and Borough of Ephrata.
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Contract details
- Contract type
- Financial Services
- Amount
- Original loan amount $412,000; current balance $227,000
- Document date
- February 18, 2026
- Term
- February 5, 2021 – February 7, 2041; interest rate fixed at 5.80% for 60 months, then resets to WSJP + 1.50%
- Renews
- On record
- Vendor
- Ephrata National Bank
- Source document
- Central and Western Chester County Industrial Development Authority Minutes Board Meeting February 18, 2026 (Minutes)
Ephrata National Bank's other public contracts
More Central & Western Industrial Development Authority contracts
Questions about this contract
Who was awarded the financial services contract by Central & Western Industrial Development Authority?
Ephrata National Bank was awarded this financial services contract by Central & Western Industrial Development Authority, as recorded on February 18, 2026. The contract value is Original loan amount $412,000; current balance $227,000.
How much is the Ephrata National Bank contract with Central & Western Industrial Development Authority worth?
The Ephrata National Bank contract with Central & Western Industrial Development Authority is valued at Original loan amount $412,000; current balance $227,000, 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 Central and Western Chester County Industrial Development Authority Minutes Board Meeting February 18, 2026 (Minutes), dated February 18, 2026 from Central & Western Industrial Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Ephrata National Bank hold?
Ephrata National Bank 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 Central & Western Industrial Development Authority currently buying?
Explore Central & Western Industrial Development Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.