FINANCIAL_SERVICESRECOMMENDED

Vehicle Financing Recommended for Mountain Valley Bank

The Finance Committee recommended that City Council approve Mountain Valley Bank financing for a 2026 Ram 1500 for Building and Code Enforcement. The proposed six-year financing carries a 4.3 percent interest rate and monthly payments of $681.50.

Document date · October 12, 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

Scope & details

The full contract record, as filed.

Contract amount
Monthly payments of $681.50; 4.3% interest rate
Contract type
FINANCIAL_SERVICES
Contract term
Six years
Renewal date
2032-10-12
Document type
Minutes
Source document
Finance Committee Minutes October 12, 2026

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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 October 12, 2026. The contract value is Monthly payments of $681.50; 4.3% interest rate.

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 Monthly payments of $681.50; 4.3% interest rate, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Finance Committee Minutes October 12, 2026 (Minutes), dated October 12, 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.

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