Town of Derby Awards Financial Services Contract to Community National Bank (Cnb) (October 2026)
Town of DerbyCity · Derby, VT- Disclosed value
- $50,320.64 at an interest rate of 5.27%
- From minutes
- Approved
- Oct 14, 2026
The 30-second brief
The Village of Derby Line approved a $50,320.64 loan from Community National Bank to finance its 2026 Ford F600 chassis work truck. The loan carries a 5.27% interest rate, and trustees authorized execution of the bank’s loan documents.
Community National Bank (Cnb) holds this financial services contract with Town of Derby.
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Contract details
- Contract type
- Financial Services
- Amount
- $50,320.64 at an interest rate of 5.27%
- Document date
- October 14, 2026
- Vendor
- Community National Bank (Cnb)
- Agency
- Town of Derby
- Source document
- Village of Derby Line Minutes Special Trustees Meeting October 14, 2026 (Minutes)
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Questions about this contract
Who was awarded the financial services contract by Town of Derby?
Community National Bank (Cnb) was awarded this financial services contract by Town of Derby, as recorded on October 14, 2026. The contract value is $50,320.64 at an interest rate of 5.27%.
How much is the Community National Bank (Cnb) contract with Town of Derby worth?
The Community National Bank (Cnb) contract with Town of Derby is valued at $50,320.64 at an interest rate of 5.27%, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Village of Derby Line Minutes Special Trustees Meeting October 14, 2026 (Minutes), dated October 14, 2026 from Town of Derby. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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