FINANCIAL_SERVICESAPPROVED

Town of Ripton Awards Financial Services Contract to Vermont Federal Credit Union (September 2022)

Ripton Selectboard approved opening Town accounts at Vermont Federal Credit Union with an initial $875,000 deposit. This establishes VFCU as the Town’s new banking institution for municipal funds.

Document date · September 26, 2022

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$875,000 (initial deposit to open accounts)
Contract type
FINANCIAL_SERVICES
Renewal
New banking relationship established; no explicit term or renewal provisions mentioned.
Document type
Minutes
Source document
Town of Ripton Selectboard Meeting Minutes September 26 2022

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Vermont Federal Credit Union was awarded this financial services contract by Town of Ripton, as recorded on September 26, 2022. The contract value is $875,000 (initial deposit to open accounts).

How much is the Vermont Federal Credit Union contract with Town of Ripton worth?

The Vermont Federal Credit Union contract with Town of Ripton is valued at $875,000 (initial deposit to open accounts), 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 Town of Ripton Selectboard Meeting Minutes September 26 2022 (Minutes), dated September 26, 2022 from Town of Ripton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Vermont Federal Credit Union hold?

Vermont Federal Credit Union may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Vermont Federal Credit Union's profile

What is Town of Ripton currently buying?

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