CONTRACTAPPROVED

Millville Elementary Awards Financial Services Contract to Ocean First Bank (June 2026)

Millville Elementary
Disclosed value
Up to $9,231,597
From minutes
Approved
Jun 1, 2026

The 30-second brief

What it covers

The Millville Board of Education approved a short-term loan of up to $9,231,597 from Ocean First Bank to cover delayed June state aid payments. The loan, bearing 6.083% interest, is to be repaid by the state by July 15, 2026.

Who holds it

Ocean First Bank holds this financial services contract with Millville Elementary. Its other public contracts on record include work for Jackson Township School District and Seaford Union Free School District.

What happens next

Term as filed: Loan to be repaid by July 15, 2026 at 6.083% interest.

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Contract details

Contract type
Financial Services
Amount
Up to $9,231,597
Document date
June 1, 2026
Term
Loan to be repaid by July 15, 2026 at 6.083% interest
Source document
Millville Board of Education Minutes Special Meeting to Approve Loan Application 2026-06-01 (Minutes)

Ocean First Bank's other public contracts

More Millville Elementary contracts

Questions about this contract

Who was awarded the financial services contract by Millville Elementary?

Ocean First Bank was awarded this financial services contract by Millville Elementary, as recorded on June 1, 2026. The contract value is Up to $9,231,597.

How much is the Ocean First Bank contract with Millville Elementary worth?

The Ocean First Bank contract with Millville Elementary is valued at Up to $9,231,597, 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 Millville Board of Education Minutes Special Meeting to Approve Loan Application 2026-06-01 (Minutes), dated June 1, 2026 from Millville Elementary. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ocean First Bank hold?

Ocean First 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 Millville Elementary currently buying?

Explore Millville Elementary's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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