FINANCIAL_SERVICESAPPROVED

Village of Rensselaer Falls Awards $411,000 Financial Services Contract to Community Bank (October 2025)

The Village of Rensselaer Falls approved a $411,000 one-year short-term loan from Community Bank at a 4.97% interest rate to finance the community center project. The bank may also provide a line of credit for the village.

Status
APPROVED
Document date
October 13, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Community Bank
Agency
Village of Rensselaer Falls · NY

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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
$411,000.00
Contract type
FINANCIAL_SERVICES
Contract term
1 year short term note
Renewal date
2026-10-13
Renewal
No automatic renewal; one-year term. Future loan renewal or refinancing may be required depending on project and grant timelines.
Document type
Minutes
Source document
Village of Rensselaer Falls Council Meeting Minutes October 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Village of Rensselaer Falls?

Community Bank was awarded this financial services contract by Village of Rensselaer Falls, as recorded on October 13, 2025. The contract value is $411,000.00.

How much is the Community Bank contract with Village of Rensselaer Falls worth?

The Community Bank contract with Village of Rensselaer Falls is valued at $411,000.00, 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 Rensselaer Falls Council Meeting Minutes October 2025 (Minutes), dated October 13, 2025 from Village of Rensselaer Falls. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community Bank hold?

Community 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 Bank's profile

What is Village of Rensselaer Falls currently buying?

Explore Village of Rensselaer Falls's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Village of Rensselaer Falls's profile

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