Town of Boonsboro Awards Financial Services Contract to First United Bank (June 2026)
Town of BoonsboroCity · Boonsboro, MD- Disclosed value
- $500,000 transfer
- From minutes
- Approved
- Jun 8, 2026
The 30-second brief
Boonsboro officials authorized depositing $500,000 into a First United Bank investment fund to increase interest earnings on general fund balances while preserving access to the funds. The transfer reallocates existing cash rather than adding new expenditures.
First United Bank holds this financial services contract with Town of Boonsboro. Its other public contracts on record include work for City of Cumberland and City of Dodd.
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Contract details
- Contract type
- Financial Services
- Amount
- $500,000 transfer
- Document date
- June 8, 2026
- Vendor
- First United Bank
- Agency
- Town of Boonsboro
- Source document
- Boonsboro Mayor and Council Meeting Minutes 2026-06-08 (Minutes)
First United Bank's other public contracts
More Town of Boonsboro contracts
Questions about this contract
Who was awarded the financial services contract by Town of Boonsboro?
First United Bank was awarded this financial services contract by Town of Boonsboro, as recorded on June 8, 2026. The contract value is $500,000 transfer.
How much is the First United Bank contract with Town of Boonsboro worth?
The First United Bank contract with Town of Boonsboro is valued at $500,000 transfer, 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 Boonsboro Mayor and Council Meeting Minutes 2026-06-08 (Minutes), dated June 8, 2026 from Town of Boonsboro. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First United Bank hold?
First United 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.
What is Town of Boonsboro currently buying?
Explore Town of Boonsboro's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.