Board Authorizes Renewal of CD at Katahdin Trust

The Board authorized renewal of the town’s Certificate of Deposit currently at Katahdin Trust, pending comparison of interest rates with NorState. Final banking arrangements will follow selection of the most favorable terms.

Document date · May 20, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Certificate of Deposit renewal term to be determined

Renewal

CD at Katahdin Trust is due for renewal; the town will compare rates with NorState before finalizing the renewed placement.

Document type

Minutes

Source document

Town of Eagle Lake Minutes Board of Selectmen Meeting 2026-05-20

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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 Eagle Lake?

Katahdin Trust was awarded this financial services contract by Town of Eagle Lake, as recorded on May 20, 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 Eagle Lake Minutes Board of Selectmen Meeting 2026-05-20 (Minutes), dated May 20, 2026 from Town of Eagle Lake. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Katahdin Trust hold?

Katahdin Trust 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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