FINANCIAL_SERVICESAPPROVED

Town of Hinesburg Awards Financial Services Contract to Northfield Savings Bank (July 2026)

The Hinesburg Selectboard approved a one-year $1.2 million line of credit with Northfield Savings Bank at a 4.75% interest rate. The financing arrangement will support short-term cash flow and project funding needs for the town.

Status
APPROVED
Document date
July 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Northfield Savings Bank
Agency
Town of Hinesburg · VT

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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
$1.2 million at a rate of 4.75%
Contract type
FINANCIAL_SERVICES
Contract term
One-year term
Renewal date
2027-07-01
Renewal
One-year line of credit; future renewals or extensions would require subsequent board approval not specified in these minutes.
Document type
Minutes
Source document
Hinesburg Selectboard Minutes 2026-07-01

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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 Hinesburg?

Northfield Savings Bank was awarded this financial services contract by Town of Hinesburg, as recorded on July 1, 2026. The contract value is $1.2 million at a rate of 4.75%.

How much is the Northfield Savings Bank contract with Town of Hinesburg worth?

The Northfield Savings Bank contract with Town of Hinesburg is valued at $1.2 million at a rate of 4.75%, 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 Hinesburg Selectboard Minutes 2026-07-01 (Minutes), dated July 1, 2026 from Town of Hinesburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Northfield Savings Bank hold?

Northfield Savings 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 Northfield Savings Bank's profile

What is Town of Hinesburg currently buying?

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

View Town of Hinesburg's profile

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