FINANCIAL_SERVICESAPPROVED

City of Ipswich Awards Financial Services Contract to Ipswich State Bank (August 2026)

Ipswich City Council approved investing two 6‑month CDs of $250,000 each at 4% interest with Ipswich State Bank.

Document date · August 24, 2026

Track City of Ipswich contracts

Get alerts when new contracts are awarded or existing ones approach renewal at City of Ipswich.

Get started free

Create a free account · no credit card

Trusted by teams at

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
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
2- 6-month CDs at 4% interest for $250,000 each
Contract type
FINANCIAL_SERVICES
Contract term
6 months
Renewal
CDs have a 6‑month term; renewal or rollover will depend on future council action at maturity.
Document type
Minutes
Source document
Ipswich City Council Minutes 2026-08-24

Related contracts

Other contracts from Ipswich State Bank.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

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

Ipswich State Bank was awarded this financial services contract by City of Ipswich, as recorded on August 24, 2026. The contract value is 2- 6-month CDs at 4% interest for $250,000 each.

How much is the Ipswich State Bank contract with City of Ipswich worth?

The Ipswich State Bank contract with City of Ipswich is valued at 2- 6-month CDs at 4% interest for $250,000 each, 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 Ipswich City Council Minutes 2026-08-24 (Minutes), dated August 24, 2026 from City of Ipswich. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ipswich State Bank hold?

Ipswich State 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 Ipswich State Bank's profile

What is City of Ipswich currently buying?

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

View City of Ipswich's profile