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Town of Putney Awards Financial Services Contract to Mascoma Bank (October 2026)

Town of Putney logoTown of Putney
Disclosed value
$402,500 at an interest rate of 5.650%
From minutes
Approved
Oct 28, 2026
Term
October 28, 2026 - October 28, 2027
Renews
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The 30-second brief

What it covers

Putney approved a $402,500 line of credit with Mascoma Bank at 5.650% interest for Town Hall renovation costs. The credit line runs from October 28, 2026, through October 28, 2027, and will bridge expenses pending MERP grant reimbursement.

Who holds it

Mascoma Bank holds this financial services contract with Town of Putney. Its other public contracts on record include work for Town of Lunenburg and Town of Rochester.

What happens next

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Contract details

Contract type
Financial Services
Amount
$402,500 at an interest rate of 5.650%
Document date
October 28, 2026
Term
October 28, 2026 - October 28, 2027
Renews
On record
Vendor
Mascoma Bank
Agency
Town of Putney
Source document
Putney Selectboard Minutes October 28, 2026 (Minutes)

Mascoma Bank's other public contracts

Town of Putney, VermontPutney Board to Consider Mascoma Bank Credit Request · Oct 28, 2026UndisclosedTown of Lunenburg, VermontLunenburg Plans Gas Card Arrangement With Mascoma Bank · Oct 5, 2026UndisclosedTown of Rochester, VermontMascoma Bank Holds Dodge 5500 Purchase Loan · Sep 23, 2026$157KTown of Thetford, VermontThetford Approves Mascoma Bank Loan for DPW Tractor · Sep 21, 2026Town of Thetford, VermontThetford Approves Mascoma Bank Loan For DPW Tractor · Sep 21, 2026All Mascoma Bank contractsVendor profile

More Town of Putney contracts

Roberts EnergyPutney Considers Roberts Energy Heating Oil Bid · Oct 28, 2026Irving EnergyPutney Ratifies Low-Bid Heating Oil Contract With Irving · Oct 28, 2026Rescue IncPutney Approves $6,582 Rescue Inc. Payment · Oct 28, 2026$6.6KIrving EnergyPutney Ratifies Propane Contract With Irving Energy · Oct 28, 2026Salmon & NostrandPutney Approves $2,100 Salmon & Nostrand Legal Fees · Oct 28, 2026$2.1KAll Town of Putney activityAgency profile

Questions about this contract

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

Mascoma Bank was awarded this financial services contract by Town of Putney, as recorded on October 28, 2026. The contract value is $402,500 at an interest rate of 5.650%.

How much is the Mascoma Bank contract with Town of Putney worth?

The Mascoma Bank contract with Town of Putney is valued at $402,500 at an interest rate of 5.650%, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Putney Selectboard Minutes October 28, 2026 (Minutes), dated October 28, 2026 from Town of Putney. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Mascoma Bank hold?

Mascoma 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 Putney currently buying?

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

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