Town of Boonsboro Awards Financial Services Contract to Middletown Valley Bank (June 2026)
Town of BoonsboroCity · Boonsboro, MD- Disclosed value
- $500,000 transfer
- From minutes
- Approved
- Jun 8, 2026
The 30-second brief
The Boonsboro Mayor and Council approved moving $500,000 from Middletown Valley Bank to an investment fund at First United Bank to secure a higher interest rate while retaining liquidity. The action is based on a six‑month average balance of $1.5 million in the Town’s general fund.
Middletown Valley Bank holds this financial services contract with Town of Boonsboro. Its other public contracts on record include work for Rosemont village and Town of Mount Airy.
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Contract details
- Contract type
- Financial Services
- Amount
- $500,000 transfer
- Document date
- June 8, 2026
- Vendor
- Middletown Valley Bank
- Agency
- Town of Boonsboro
- Source document
- Boonsboro Mayor and Council Meeting Minutes 2026-06-08 (Minutes)
Middletown Valley 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?
Middletown Valley 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 Middletown Valley Bank contract with Town of Boonsboro worth?
The Middletown Valley 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 Middletown Valley Bank hold?
Middletown Valley 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.