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Council Discusses Primis Bank Credit Extension

Town of Claremont
Document date
Jul 1, 2026

The 30-second brief

What it covers

Council reviewed its existing line of credit with Primis Bank for the water project and considered requesting an additional extension beyond July 31, 2026. The discussion focused on maintaining access to funds as a contingency, though no formal extension action was recorded.

Who holds it

Primis Bank holds this financial services contract with Town of Claremont. Its other public contracts on record include work for Surry County and Town of Tappahannock.

What happens next

Term as filed: Line of credit currently extended through 07/31/2026.

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Contract details

Contract type
Financial Services
Document date
July 1, 2026
Term
Line of credit currently extended through 07/31/2026
Vendor
Primis Bank
Agency
Town of Claremont
Source document
Claremont Town Council Regular Meeting Minutes 2026-07-01 (Minutes)

Primis Bank's other public contracts

Surry County, VirginiaPrimis Bank Proposal Considered for YMCA Project Financing · Oct 5, 2026UndisclosedTown of Tappahannock, VirginiaPrimis Bank Proposal Falls Outside Requested Financing Terms · Jul 13, 2026Town of Tappahannock, VirginiaPrimis Bank 10-Year Bond Proposal Reviewed · Jun 8, 2026Prince George County, VirginiaCounty Banking with Primis Bank Boosts Interest Earnings · Feb 17, 2026UndisclosedCity of Hopewell, VirginiaEDA Continues Boathouse Project Loan with Primis Bank · Jan 5, 2026UndisclosedAll Primis Bank contractsVendor profile

More Town of Claremont contracts

Southern CorrosionTown Continues Water Tank Maintenance Contract · Jul 1, 2026UndisclosedSouthern CorrosionTown approves 10-year water tank maintenance contract · Jun 10, 2026VRWATown works with VRWA on sewer financial planning · May 28, 2026UndisclosedMatthews, RichardAttorney Engaged to Review Rental Ordinance Draft · Oct 1, 2025UndisclosedSeward, MarkCouncil Approves $400 Clean-Up Work by Seward · Oct 1, 2025$400All Town of Claremont activityAgency profile

Questions about this contract

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

Primis Bank was awarded this financial services contract by Town of Claremont, as recorded on July 1, 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 Claremont Town Council Regular Meeting Minutes 2026-07-01 (Minutes), dated July 1, 2026 from Town of Claremont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Primis Bank hold?

Primis 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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What is Town of Claremont currently buying?

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

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