FINANCIAL_SERVICESAPPROVED

Town of Hampstead Awards Financial Services Contract to Farmers’ & Merchants Bank (June 2026)

The Hampstead Town Council approved a $1.5 million revolving line of credit with Farmers’ and Merchants Bank to bridge PFAS Water System Project costs until state reimbursements are received. The facility will provide interim cash flow support for the town’s water infrastructure work.

Status
APPROVED
Document date
June 9, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Farmers’ & Merchants Bank
Agency
Town of Hampstead · MD

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WithersRavenel logo
Derivita logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
$1.5 Million Dollar Line of Credit
Contract type
FINANCIAL_SERVICES
Document type
Minutes
Source document
Town of Hampstead Council Meeting Minutes 2026-06-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Hampstead?

Farmers’ & Merchants Bank was awarded this financial services contract by Town of Hampstead, as recorded on June 9, 2026. The contract value is $1.5 Million Dollar Line of Credit.

How much is the Farmers’ & Merchants Bank contract with Town of Hampstead worth?

The Farmers’ & Merchants Bank contract with Town of Hampstead is valued at $1.5 Million Dollar Line of Credit, 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 Town of Hampstead Council Meeting Minutes 2026-06-09 (Minutes), dated June 9, 2026 from Town of Hampstead. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Farmers’ & Merchants Bank hold?

Farmers’ & Merchants 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 Farmers’ & Merchants Bank's profile

What is Town of Hampstead currently buying?

Explore Town of Hampstead's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Hampstead's profile

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