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FINANCIAL_SERVICESONGOING

Town of Coventry Audit Engagement Letter January 2024

Town Utilizes Community National Bank For Depository Services

Coventry Fire District 1COMMUNITY NATIONAL BANKJanuary 19, 2024

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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

Description

Coventry maintains its primary operating and reserve accounts at Community National Bank, using the institution for depository and cash management services. The December 2023 Treasurer’s report lists substantial balances across general and restricted accounts at the bank.

Contract Details

Vendor

COMMUNITY NATIONAL BANK

Agency

Coventry Fire District 1, VT

Contract Type

FINANCIAL_SERVICES

Document Date

January 19, 2024

Contract Term

Ongoing depository and banking relationship

Renewal Info

Standard banking relationship with no stated fixed term; continues until the town elects to change institutions or account structures.

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