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Martinsburg Extends Banking Contract with Jefferson Security Bank

City of Martinsburg logoCity of Martinsburg
Disclosed value
47% of prime rate of interest
From meeting minutes
Document date
Mar 26, 2024
Term
until July 1, 2026

The 30-second brief

What it covers

City Council approved extension of the City's banking services contract with Jefferson Security Bank through July 1, 2026, at 47% of prime rate interest.

Who holds it

Jefferson Security Bank holds this financial services contract with City of Martinsburg.

What happens next

Term as filed: until July 1, 2026.

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Contract details

Contract type
Financial Services
Amount
47% of prime rate of interest
Document date
March 26, 2024
Term
until July 1, 2026
Vendor
Jefferson Security Bank
Agency
City of Martinsburg
Source document
city-of-martinsburg-meeting-minutes-2024-03-26_d2a.txt (Meeting Minutes)

Jefferson Security Bank's other public contracts

City of Martinsburg, West VirginiaCity Weighs Renewal of Jefferson Security Bank Deposits · May 7, 2026UndisclosedCity of Martinsburg, West VirginiaCouncil Weighs Renewal of Jefferson Security Bank Accounts · May 7, 2026UndisclosedCity of Martinsburg, West VirginiaCity Renews Deposit Accounts With Jefferson Security Bank · May 7, 2026UndisclosedCity of Martinsburg, West VirginiaCouncil Weighs BUILD Grant Credit Line With Jefferson Security · Apr 9, 2026UndisclosedCity of Martinsburg, West VirginiaCity Approves BUILD Grant Line of Credit with Jefferson Security Bank · Apr 9, 2026UndisclosedAll Jefferson Security Bank contractsVendor profile

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Questions about this contract

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

Jefferson Security Bank was awarded this financial services contract by City of Martinsburg, as recorded on March 26, 2024. The contract value is 47% of prime rate of interest.

How much is the Jefferson Security Bank contract with City of Martinsburg worth?

The Jefferson Security Bank contract with City of Martinsburg is valued at 47% of prime rate of interest, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-martinsburg-meeting-minutes-2024-03-26_d2a.txt (Meeting Minutes), dated March 26, 2024 from City of Martinsburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Jefferson Security Bank hold?

Jefferson Security 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 Martinsburg currently buying?

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

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