Westfield Bank Capital Loan Offer Considered
Town of GranbyCity · Granby, CT- Document date
- May 5, 2025
- Term
- 4.5-year loan proposal for $438,000
The 30-second brief
Westfield Bank proposed a 4.5‑year, $438,000 capital equipment loan to the Town of Granby at 6.85% interest with no closing costs. The offer was considered but was less favorable than the TD Bank and interfund loan options.
Westfield Bank holds this financial services contract with Town of Granby. Its other public contracts on record include work for Westfield State University and Chippewa Lake village.
Term as filed: 4.5-year loan proposal for $438,000.
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Contract details
- Contract type
- Financial Services
- Document date
- May 5, 2025
- Term
- 4.5-year loan proposal for $438,000
- Vendor
- Westfield Bank
- Agency
- Town of Granby
- Source document
- town_of_granby_board_of_selectmen_special_meeting.pdf (Agenda)
Westfield Bank's other public contracts
More Town of Granby contracts
Questions about this contract
Who was awarded the financial services contract by Town of Granby?
Westfield Bank was awarded this financial services contract by Town of Granby, as recorded on May 5, 2025.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in town_of_granby_board_of_selectmen_special_meeting.pdf (Agenda), dated May 5, 2025 from Town of Granby. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Westfield Bank hold?
Westfield 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 Granby currently buying?
Explore Town of Granby's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.