Town of Canton Awards Financial Services Contract to Androscoggin Bank (July 2026)

The Selectboard approved a 5-year loan (Option B) from Androscoggin Bank to finance the purchase of a new fire department truck, with the down payment coming from the fire department reserve fund. Specific loan amount was not stated in the minutes.

Document date · July 23, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

5-year loan (Option B)

Renewal date

2031-07-23

Renewal

Single 5-year financing arrangement; no renewal terms noted beyond standard loan amortization.

Document type

Minutes

Source document

Town of Canton Minutes Select Board Business Meeting 2026-07-23

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Androscoggin Bank was awarded this financial services contract by Town of Canton, as recorded on July 23, 2026.

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 Canton Minutes Select Board Business Meeting 2026-07-23 (Minutes), dated July 23, 2026 from Town of Canton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Androscoggin Bank hold?

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