FINANCIAL_SERVICESAPPROVED

Derby Line village Awards $100,000 Financial Services Contract to Community National Bank (June 2026)

The Village of Derby Line approved placing $100,000 of water capital funds into a special 9‑month certificate of deposit at Community National Bank with a 3.8% yield. The move is intended to increase interest earnings on reserve funds.

Status
APPROVED
Document date
June 2, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Community National Bank
Agency
Derby Line village · 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
$100,000
Contract type
FINANCIAL_SERVICES
Contract term
9-month certificate of deposit at 3.73% (3.8% yield)
Renewal date
2027-03-02
Renewal
Single 9-month CD investment; renewal or rollover options were not specified.
Document type
Minutes
Source document
Village of Derby Line Trustees Meeting Minutes 2026-06-02

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Derby Line village?

Community National Bank was awarded this financial services contract by Derby Line village, as recorded on June 2, 2026. The contract value is $100,000.

How much is the Community National Bank contract with Derby Line village worth?

The Community National Bank contract with Derby Line village is valued at $100,000, 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 Village of Derby Line Trustees Meeting Minutes 2026-06-02 (Minutes), dated June 2, 2026 from Derby Line village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community National Bank hold?

Community National 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.

View Community National Bank's profile

What is Derby Line village currently buying?

Explore Derby Line village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Derby Line village's profile

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