Camden Bank Courted for Future Town Banking

The Select Board discussed banking options with Camden Bank, which offers a 2.5% interest rate and bonded courier deposit services. The Board plans to consider a potential transition around February 1, 2027, after receiving formal quotes.

Document date · July 28, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal date

2027-02-01

Renewal

Potential transition to Camden Bank is being considered for on or after 2027-02-01; no current account move approved.

Document type

Minutes

Source document

Town of Chichester Select Board Meeting Minutes 2026-07-28

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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 Chichester?

Camden Bank was awarded this financial services contract by Town of Chichester, as recorded on July 28, 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 Chichester Select Board Meeting Minutes 2026-07-28 (Minutes), dated July 28, 2026 from Town of Chichester. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Camden Bank hold?

Camden 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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