FINANCIAL_SERVICESDISCUSSED

Webster Bank Fire Station Financing Proposal Reviewed

Gloucester County reviewed Webster Bank's refreshed proposal for financing construction of Volunteer Fire and Rescue Station One. The proposal contemplated borrowing of up to $20 million over 20 years, but the Board chose to proceed with Chesapeake Bank instead.

Document date · October 2, 2026

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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
Up to $20 million
Contract type
FINANCIAL_SERVICES
Contract term
Proposed 20-year term with anticipated closing by the end of July 2026
Renewal date
2046-07-31
Document type
AgendaPacket
Source document
Gloucester County AgendaPacket 2026-10-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Gloucester County?

Webster Bank was awarded this financial services contract by Gloucester County, as recorded on October 2, 2026. The contract value is Up to $20 million.

How much is the Webster Bank contract with Gloucester County worth?

The Webster Bank contract with Gloucester County is valued at Up to $20 million, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Gloucester County AgendaPacket 2026-10-06 (AgendaPacket), dated October 2, 2026 from Gloucester County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Webster Bank hold?

Webster 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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