CONTRACTAPPROVED

City of Mount Vernon Awards Line Of Credit Contract to Banterra Bank (March 2025)

City of Mount Vernon
Approved
Mar 3, 2025

The 30-second brief

What it covers

The City of Mt. Vernon has renewed its line of credit with Banterra Bank to provide overdraft protection for the city's banking services. This provides the city with a $6 million line of credit if needed for the year.

Who holds it

Banterra Bank holds this line of credit contract with City of Mount Vernon. Its other public contracts on record include work for City of Carbondale city and City of Christopher.

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Contract details

Contract type
Line Of Credit
Document date
March 3, 2025
Term
NA
Source document
city-of-mount-vernon-meeting-minutes-2025-03-03_0aa.pdf (Meeting Minutes)

Banterra Bank's other public contracts

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Questions about this contract

Who was awarded the line of credit contract by City of Mount Vernon?

Banterra Bank was awarded this line of credit contract by City of Mount Vernon, as recorded on March 3, 2025.

What type of contract is this?

This is a Line Of Credit contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-mount-vernon-meeting-minutes-2025-03-03_0aa.pdf (Meeting Minutes), dated March 3, 2025 from City of Mount Vernon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Banterra Bank hold?

Banterra 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 City of Mount Vernon currently buying?

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