CONTRACTDISCUSSSED

Webster Submits 15-Year Loan Proposal to County

Disclosed value: Approximately $2,117,000 par; 4.45% interest (combined option); From agendapacket
Document date: Aug 3, 2026
Renews: Mar 2027; Free account

What it covers

Webster Bank submitted a competing 15‑year combined financing proposal at 4.45% interest for Edgecombe County’s 2026 Limited Obligation Bond. The offer includes structured prepayment terms, project fund requirements, and closing cost estimates for legal and title services.

Who holds it

WEBSTER holds this financial services contract with Edgecombe County. Its other public contracts on record include work for Town of Greenwich and Town of Washington.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Edgecombe County contract.

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Contract details

Contract type: Financial Services
Amount: Approximately $2,117,000 par; 4.45% interest (combined option)
Document date: August 3, 2026
Term: 15 years (anticipated closing September 18, 2026; final maturity August 1, 2041)
Renews: Free account
Vendor: WEBSTER
Agency: Edgecombe County
Source document: Edgecombe County Board of Commissioners Agenda Packet 2026-08-03 (AgendaPacket)

WEBSTER's other public contracts

Town of Greenwich, ConnecticutGreenwich Reviews Webster Municipal Deposit Relationship · Oct 22, 2026Undisclosed Town of Washington, ConnecticutTown Plans Closure of Webster Bank Account · Oct 19, 2026Undisclosed Cromwell Fire District, ConnecticutFire District Transfers Pension Funds to Webster · Oct 6, 2026$65K Hanover Township Fire District #3, New JerseyFire District Reviews Webster Sewer Repair Quote · Sep 3, 2026Undisclosed Town of Hanson, MassachusettsCommission Approves Documents for Webster Payment · Aug 5, 2026Undisclosed All WEBSTER contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Edgecombe County?

WEBSTER was awarded this financial services contract by Edgecombe County, as recorded on August 3, 2026. The contract value is Approximately $2,117,000 par; 4.45% interest (combined option).

How much is the WEBSTER contract with Edgecombe County worth?

The WEBSTER contract with Edgecombe County is valued at Approximately $2,117,000 par; 4.45% interest (combined option), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Edgecombe County Board of Commissioners Agenda Packet 2026-08-03 (AgendaPacket), dated August 3, 2026 from Edgecombe County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does WEBSTER hold?

WEBSTER 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 Edgecombe County currently buying?

Explore Edgecombe County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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