M&T Bank Holds NBMA Restricted Fund Investments | Northampton Borough Municipal (Water) Authority | M&T BANK

Scope & details

The full contract record, as filed.

Contract amount

$8,710,000.00 in certificates of deposit; $9,275,139.11 cash held

Contract type

FINANCIAL_SERVICES

Contract term

Ongoing custody of restricted funds; individual CD maturities include July 15, 2027 and August 6, 2027

Renewal date

2027-08-06

Renewal

Ongoing banking and custody relationship; no renewal terms were stated.

Document type

Minutes

Source document

Northampton Borough Municipal Authority Minutes Regular Meeting August 11, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Northampton Borough Municipal (Water) Authority?

M&t Bank was awarded this financial services contract by Northampton Borough Municipal (Water) Authority, as recorded on August 11, 2026. The contract value is $8,710,000.00 in certificates of deposit; $9,275,139.11 cash held.

How much is the M&t Bank contract with Northampton Borough Municipal (Water) Authority worth?

The M&t Bank contract with Northampton Borough Municipal (Water) Authority is valued at $8,710,000.00 in certificates of deposit; $9,275,139.11 cash held, 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 Northampton Borough Municipal Authority Minutes Regular Meeting August 11, 2026 (Minutes), dated August 11, 2026 from Northampton Borough Municipal (Water) Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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