FINANCIAL_SERVICESPENDING

New Mountain Valley Bank Account Proposed for Water Fund

Elkins officials are considering opening a new Water Depreciation account at Mountain Valley Bank at 2.78% APY, transferring approximately $115,166.70 from the current low-yield account to increase interest earnings.

Status
PENDING
Document date
August 10, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Mountain Valley Bank
Agency
City of Elkins · WV

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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

Scope & details

The full contract record, as filed.

Contract amount
$115,166.70 (initial deposit amount expected)
Contract type
FINANCIAL_SERVICES
Document type
AgendaPacket
Source document
City of Elkins AgendaPacket Finance Committee Meeting 2026-08-10

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Elkins?

Mountain Valley Bank was awarded this financial services contract by City of Elkins, as recorded on August 10, 2026. The contract value is $115,166.70 (initial deposit amount expected).

How much is the Mountain Valley Bank contract with City of Elkins worth?

The Mountain Valley Bank contract with City of Elkins is valued at $115,166.70 (initial deposit amount expected), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Elkins AgendaPacket Finance Committee Meeting 2026-08-10 (AgendaPacket), dated August 10, 2026 from City of Elkins. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mountain Valley Bank hold?

Mountain Valley 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.

View Mountain Valley Bank's profile

What is City of Elkins currently buying?

Explore City of Elkins's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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