School District Considers $1.5 Million Security Bank Credit Line
- Disclosed value
- Not to exceed $1,500,000
- From staffreport
- Document date
- Nov 9, 2026
The 30-second brief
Laurel-Concord-Coleridge School is considering a revolving line of credit with Security Bank for up to $1.5 million. The facility would provide ongoing flexibility to manage seasonal cash-flow needs until property tax revenues are received.
Security Bank holds this financial services contract with Laurel-Concord-Coleridge School. Its other public contracts on record include work for City of Cushing and Town of Chancellor.
Term as filed: Proposed ongoing revolving line of credit; specific terms to be presented to the Board.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $1,500,000
- Document date
- November 9, 2026
- Term
- Proposed ongoing revolving line of credit; specific terms to be presented to the Board
- Vendor
- Security Bank
- Source document
- Laurel-Concord-Coleridge School District StaffReport Superintendent's Report 2026-11-09 (StaffReport)
Security Bank's other public contracts
More Laurel-Concord-Coleridge School contracts
Questions about this contract
Who was awarded the financial services contract by Laurel-Concord-Coleridge School?
Security Bank was awarded this financial services contract by Laurel-Concord-Coleridge School, as recorded on November 9, 2026. The contract value is Not to exceed $1,500,000.
How much is the Security Bank contract with Laurel-Concord-Coleridge School worth?
The Security Bank contract with Laurel-Concord-Coleridge School is valued at Not to exceed $1,500,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a staffreport record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Laurel-Concord-Coleridge School District StaffReport Superintendent's Report 2026-11-09 (StaffReport), dated November 9, 2026 from Laurel-Concord-Coleridge School. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Security Bank hold?
Security 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.
What is Laurel-Concord-Coleridge School currently buying?
Explore Laurel-Concord-Coleridge School's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.