County deposits over $5M with Tower Community Bank

Montgomery County maintains over $5.1 million in deposits at Tower Community Bank at a 4.26% APY as of March 2025.

Document date · May 5, 2025

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Ongoing as of March 2025

Renewal

Ongoing depository arrangement.

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?

Tower Community Bank 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 Tower Community Bank hold?

Tower Community 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 Tower Community Bank's profile

What is Montgomery County currently buying?

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