Civic IQ
FINANCIAL_SERVICESONGOING

Farmington Holds $3.5 Million Certificate With Profile Bank

Farmington maintains a $3.5 million certificate of deposit with Profile Bank. The arrangement allows penalty-free early and partial withdrawals while the Town manages cash flow and earns interest.

Document date · August 25, 2026

Issuing agencyFarmington School DistrictVendorProfile Bank

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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
$3,500,000 certificate of deposit
Contract type
FINANCIAL_SERVICES
Renewal
The certificate of deposit permits early and partial withdrawals without penalties; maturity or renewal terms were not stated.
Document type
Minutes
Source document
Town of Farmington Minutes Budget Committee Meeting 2026-08-25

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Town of Brookfield, New Hampshire$3 maintenance service charge; account transfer of $415.51Aug 12, 2026
Heritage Commission Minutes July 15 2026
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Town of Brookfield, New HampshireJul 15, 2026
Town of Brookfield Selectmen Meeting Minutes March 2026
APPROVED
Town of Brookfield, New HampshireMar 3, 2026
City of Rochester Finance Committee Agenda February 2026
APPROVED
Rochester School District, New Hampshire$5,000,000Feb 10, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Farmington School District?

Profile Bank was awarded this financial services contract by Farmington School District, as recorded on August 25, 2026. The contract value is $3,500,000 certificate of deposit.

How much is the Profile Bank contract with Farmington School District worth?

The Profile Bank contract with Farmington School District is valued at $3,500,000 certificate of deposit, 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 Farmington Minutes Budget Committee Meeting 2026-08-25 (Minutes), dated August 25, 2026 from Farmington School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Profile Bank hold?

Profile 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 Profile Bank's profile

What is Farmington School District currently buying?

Explore Farmington School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Farmington School District's profile