FINANCIAL_SERVICESPENDING

Union Bank Submits Tax Anticipation Loan Offer

Craftsbury Town School District is considering a $850,000 tax anticipation loan or line of credit offered by Union Bank with fixed interest and reinvestment options for fiscal year 2026-2027. The contract will be finalized pending School Board action and execution of documents.

Status
PENDING
Document date
June 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Union Bank
Agency
Craftsbury School District · VT

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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

Scope & details

The full contract record, as filed.

Contract amount
$850,000.00
Contract type
FINANCIAL_SERVICES
Contract term
July 1, 2026 – June 30, 2027
Renewal date
2027-06-30
Renewal
Single-year term loan with no auto-renewal; requires execution of new agreement for subsequent years. No prepayment penalty. Subject to School Board approval and submission of board minutes.
Document type
Proposal
Source document
Craftsbury Town School District Proposal Tax Anticipation Loan Bid 2026-06-08

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Craftsbury School District?

Union Bank was awarded this financial services contract by Craftsbury School District, as recorded on June 8, 2026. The contract value is $850,000.00.

How much is the Union Bank contract with Craftsbury School District worth?

The Union Bank contract with Craftsbury School District is valued at $850,000.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a proposal record.

Where was this contract approved?

This contract appears in Craftsbury Town School District Proposal Tax Anticipation Loan Bid 2026-06-08 (Proposal), dated June 8, 2026 from Craftsbury School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Union Bank hold?

Union 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 Craftsbury School District currently buying?

Explore Craftsbury School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Craftsbury School District's profile

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