Leader Bank Holds $3.19M In City Funds
City of SomersworthCity · Somersworth, NH- Document date
- Jan 24, 2024
The 30-second brief
Somersworth keeps $3,194,346 of General Fund cash at Leader Bank earning 4.41% interest, with on-demand availability. This ongoing banking relationship supports municipal liquidity and investment income.
Leader Bank holds this financial services contract with City of Somersworth. Its other public contracts on record include work for Billerica School District and Town of Belmont.
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Contract details
- Contract type
- Financial Services
- Document date
- January 24, 2024
- Vendor
- Leader Bank
- Agency
- City of Somersworth
- Source document
- city_managers_report_for_city_council_meeting_jan.pdf (Report)
Leader Bank's other public contracts
More City of Somersworth contracts
Questions about this contract
Who was awarded the financial services contract by City of Somersworth?
Leader Bank was awarded this financial services contract by City of Somersworth, as recorded on January 24, 2024.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in city_managers_report_for_city_council_meeting_jan.pdf (Report), dated January 24, 2024 from City of Somersworth. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Leader Bank hold?
Leader 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.
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What is City of Somersworth currently buying?
Explore City of Somersworth's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.