NorState Considered for Town CD Placement

NorState is under consideration by the Town of Eagle Lake for placement of its renewing Certificate of Deposit, subject to rate comparisons with the current bank. The Board has approved proceeding with CD renewal once the best rate is identified.

Document date · May 20, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Potential Certificate of Deposit placement term to be determined

Renewal

NorState is being evaluated as a potential new institution for the renewing CD currently at Katahdin Trust; final decision will follow rate comparison.

Document type

Minutes

Source document

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

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Eagle Lake?

NORSTATE 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 NORSTATE hold?

NORSTATE 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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