Town of Oxford Awards Financial Services Contract to Shore United Bank NA (November 2025)
Town of OxfordCity · MD- Disclosed value
- Interim financing up to $2,572,000
- From agenda
- Approved
- Nov 12, 2025
The 30-second brief
Ordinance 2508 authorizes Oxford to issue a general obligation note of up to $2,572,000 to Shore United Bank for interim financing of its water system improvement project. The short-term bank loan will be repaid within roughly three years using proceeds from a long-term USDA bond.
Shore United Bank NA holds this financial services contract with Town of Oxford.
Term as filed: Note maturity not later than 36 months from issuance; may be extended with consent of President and bank.
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Contract details
- Contract type
- Financial Services
- Amount
- Interim financing up to $2,572,000
- Document date
- November 12, 2025
- Term
- Note maturity not later than 36 months from issuance; may be extended with consent of President and bank
- Vendor
- Shore United Bank NA
- Agency
- Town of Oxford
- Source document
- commissioners_of_oxford_regular_meeting_agenda_nov.pdf (Agenda)
Shore United Bank NA's other public contracts
More Town of Oxford contracts
Questions about this contract
Who was awarded the financial services contract by Town of Oxford?
Shore United Bank NA was awarded this financial services contract by Town of Oxford, as recorded on November 12, 2025. The contract value is Interim financing up to $2,572,000.
How much is the Shore United Bank NA contract with Town of Oxford worth?
The Shore United Bank NA contract with Town of Oxford is valued at Interim financing up to $2,572,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in commissioners_of_oxford_regular_meeting_agenda_nov.pdf (Agenda), dated November 12, 2025 from Town of Oxford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Shore United Bank NA hold?
Shore United Bank NA 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 Oxford currently buying?
Explore Town of Oxford's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.