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Town of Morgantown Awards $75,000 Financial Services Contract to Peoples Bank (September 2026)

Town of Morgantown
Disclosed value
$75,000.00
From minutes
Approved
Sep 14, 2026
Term
10 years; maturity date August 26, 2036
Renews
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The 30-second brief

What it covers

Morgantown closed a $75,000 loan with Peoples Bank to complete the DPW Garage. The loan has a 10-year term, a 5.25% interest rate, and matures August 26, 2036.

Who holds it

Peoples Bank holds this financial services contract with Town of Morgantown. Its other public contracts on record include work for West Clermont Local Schools and Frenship Independent School District.

What happens next

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Contract details

Contract type
Financial Services
Amount
$75,000.00
Document date
September 14, 2026
Term
10 years; maturity date August 26, 2036
Renews
On record
Vendor
Peoples Bank
Agency
Town of Morgantown
Source document
Morgantown Minutes September 14, 2026 (Minutes)

Peoples Bank's other public contracts

West Clermont Local Schools, OhioPeoples Bank Designated Active Funds Depository · Oct 26, 2026UndisclosedWest Clermont Local Schools, OhioPeoples Bank Designated Interim Funds Depository · Oct 26, 2026UndisclosedFrenship Independent School District, TexasFrenship ISD to Consider Peoples Bank Signage Agreement · Oct 19, 2026UndisclosedCity of Hawarden, IowaPeoples Bank Billing Fees Listed · Oct 14, 2026$40City of Everson, WashingtonEverson Approves Peoples Bank Loan Payment · Oct 13, 2026$26.5KAll Peoples Bank contractsVendor profile

More Town of Morgantown contracts

Display SalesMorgantown Ratifies Christmas Bow Purchase · Oct 12, 2026$373.2Bl AndersonLagoon Aeration Work Involves BL Anderson · Oct 12, 2026UndisclosedReed & SonsReed & Sons Change Order Seven Listed · Oct 12, 2026UndisclosedKleinpeter Consul3ng Group LLCKleinpeter Consulting Payments Considered By Council · Oct 12, 2026Reed & SonsReed & Sons Change Order Eight Listed · Oct 12, 2026UndisclosedAll Town of Morgantown activityAgency profile

Questions about this contract

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

Peoples Bank was awarded this financial services contract by Town of Morgantown, as recorded on September 14, 2026. The contract value is $75,000.00.

How much is the Peoples Bank contract with Town of Morgantown worth?

The Peoples Bank contract with Town of Morgantown is valued at $75,000.00, covering financial services work.

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 Morgantown Minutes September 14, 2026 (Minutes), dated September 14, 2026 from Town of Morgantown. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Peoples Bank hold?

Peoples 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.

What is Town of Morgantown currently buying?

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

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