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Town of Amherst Awards $400,000 Financial Services Contract to International Bank of Amherst (June 2026)

Town of Amherst
Disclosed value
$400,000
From minutes
Approved
Jun 10, 2026
Term
5 years at 4.75% interest
Renews
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The 30-second brief

What it covers

The Town of Amherst approved a $400,000 loan from International Bank of Amherst at 4.75% interest over five years to finance asphalting projects on Floistad, Bestul, Lake, and Pavelski roads. The town selected IBA over CoVantage after comparing interest rates.

Who holds it

International Bank of Amherst holds this financial services contract with Town of Amherst. Its other public contracts on record include work for City of Junction and Amherst Fire District.

What happens next

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Contract details

Contract type
Financial Services
Amount
$400,000
Document date
June 10, 2026
Term
5 years at 4.75% interest
Renews
On record
Vendor
International Bank of Amherst
Agency
Town of Amherst
Source document
Town of Amherst Minutes Regular Monthly Meeting 2026-06-10 (Minutes)

International Bank of Amherst's other public contracts

City of Junction, WisconsinVillage Board to Consider Loan From International Bank · Oct 28, 2026UndisclosedAmherst Fire District, WisconsinAmherst Updates International Bank Account Signers · Sep 21, 2026UndisclosedAmherst Fire District, WisconsinCommission Discusses International Bank Signer Changes · Aug 17, 2026UndisclosedAmherst Fire District, WisconsinFire District Pays International Bank for Checks · Aug 17, 2026$33.1City of Junction, WisconsinVillage Plans Bond Action for Amherst Bank Funding · Aug 10, 2026Up to $347,500All International Bank of Amherst contractsVendor profile

More Town of Amherst contracts

Adt MailcomAmherst Treasurer Report References ADT Mailcom Insert · Oct 11, 2026UndisclosedAmerican AsphaltAmherst to Discuss Isaacson Road Asphalt Patching · Oct 11, 2026UndisclosedSwenson Tree ServiceAmherst Discusses Swenson Tree Service Storm Cleanup Pricing · Sep 3, 2026UndisclosedCOVANTAGETown Transfers $100,000 from CoVantage · Aug 12, 2026$100KSWENSONBoard Questions High Swenson Bill · Aug 12, 2026UndisclosedAll Town of Amherst activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Town of Amherst?

International Bank of Amherst was awarded this financial services contract by Town of Amherst, as recorded on June 10, 2026. The contract value is $400,000.

How much is the International Bank of Amherst contract with Town of Amherst worth?

The International Bank of Amherst contract with Town of Amherst is valued at $400,000, 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 Town of Amherst Minutes Regular Monthly Meeting 2026-06-10 (Minutes), dated June 10, 2026 from Town of Amherst. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does International Bank of Amherst hold?

International Bank of Amherst 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 Town of Amherst currently buying?

Explore Town of Amherst's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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