FINANCIAL_SERVICESRENEWED

Town Renews General Fund Banking with M&T Bank

Grand Isle will continue its general fund banking with M&T Bank after the institution raised the checking account interest rate to 2.35% and provided ongoing support for payroll and ACH tax payments.

Status
RENEWED
Document date
July 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
M&t Bank
Agency
Town of Grand Isle · VT

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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 type
FINANCIAL_SERVICES
Renewal
The existing banking relationship is effectively renewed with updated interest terms; no specific end date or formal contract term is stated.
Document type
Minutes
Source document
Grand Isle Selectboard Minutes 2026-07-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Grand Isle?

M&t Bank was awarded this financial services contract by Town of Grand Isle, as recorded on July 20, 2026.

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 Grand Isle Selectboard Minutes 2026-07-20 (Minutes), dated July 20, 2026 from Town of Grand Isle. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does M&t Bank hold?

M&t 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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What is Town of Grand Isle currently buying?

Explore Town of Grand Isle's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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