FINANCIAL_SERVICESONGOING

County utilizes F & M Bank ICS for insured deposits

Montgomery County leverages F & M Bank’s ICS program to hold roughly $8.7 million in fully insured deposits at 3.50% APY as of March 2025.

Document date · May 5, 2025

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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 type
FINANCIAL_SERVICES
Contract term
Ongoing as of March 2025
Renewal
Ongoing participation in ICS program.
Document type
Agenda
Source document
montgomery-county-agenda-2025-05-05_006.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Montgomery County?

F & M Bank - Ics was awarded this financial services contract by Montgomery County, as recorded on May 5, 2025.

What type of contract is this?

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

Where was this contract approved?

This contract appears in montgomery-county-agenda-2025-05-05_006.pdf (Agenda), dated May 5, 2025 from Montgomery County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does F & M Bank - Ics hold?

F & M Bank - Ics 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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