FINANCIAL_SERVICESAPPROVED

City of Olney Awards Financial Services Contract to Citizens National Bank of Albion (September 2026)

Olney approved a group financing offer that includes Citizens National Bank of Albion for the Main Street Resurfacing Project. The authorized borrowing has a principal amount not exceeding $3.5 million and a term of up to five years.

Document date · September 28, 2026

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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
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Scope & details

The full contract record, as filed.

Contract amount
Principal not to exceed $3,500,000.00
Contract type
FINANCIAL_SERVICES
Contract term
Up to 5 years
Renewal
Loan term authorized for up to five years; no renewal option stated.
Document type
Minutes
Source document
City of Olney Minutes City Council Meeting September 28, 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 Olney?

Citizens National Bank of Albion was awarded this financial services contract by City of Olney, as recorded on September 28, 2026. The contract value is Principal not to exceed $3,500,000.00.

How much is the Citizens National Bank of Albion contract with City of Olney worth?

The Citizens National Bank of Albion contract with City of Olney is valued at Principal not to exceed $3,500,000.00, 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 City of Olney Minutes City Council Meeting September 28, 2026 (Minutes), dated September 28, 2026 from City of Olney. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Citizens National Bank of Albion hold?

Citizens National Bank of Albion 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 Citizens National Bank of Albion's profile

What is City of Olney currently buying?

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