CONTRACTAPPROVED

City of Shelton Awards $5,657,909 Financial Services Contract to Newtown Savings Bank (August 2026)

City of Shelton logoCity of Shelton
Disclosed value
$5,657,909.00
From minutes
Approved
Aug 13, 2026
Term
Two fiscal years
Renews
Free account

The 30-second brief

What it covers

The Board approved a financing resolution authorizing a $5,657,909 loan from Newtown Savings Bank. The borrowing will support aldermanic bonding payments over two fiscal years.

Who holds it

Newtown Savings Bank holds this financial services contract with City of Shelton. Its other public contracts on record include work for Town of Monroe and Town of Newtown.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Shelton contract.

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Contract details

Contract type
Financial Services
Amount
$5,657,909.00
Document date
August 13, 2026
Term
Two fiscal years
Renews
Free account
Source document
City of Shelton Minutes Regular Board of Aldermen Meeting 2026-08-13 (Minutes)

Newtown Savings Bank's other public contracts

More City of Shelton contracts

Questions about this contract

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

Newtown Savings Bank was awarded this financial services contract by City of Shelton, as recorded on August 13, 2026. The contract value is $5,657,909.00.

How much is the Newtown Savings Bank contract with City of Shelton worth?

The Newtown Savings Bank contract with City of Shelton is valued at $5,657,909.00, 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 City of Shelton Minutes Regular Board of Aldermen Meeting 2026-08-13 (Minutes), dated August 13, 2026 from City of Shelton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Newtown Savings Bank hold?

Newtown Savings 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 City of Shelton currently buying?

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

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