CONTRACTRENEWED

Rutland Renews Two CDs With Watertown Savings Bank

Town of Rutland
Disclosed value
$143,000 additional deposit to Certificate of Deposit Account #5562000635 and $172,500 additional deposit to Certificate of Deposit Account #5562000636
From minutes
Document date
Mar 12, 2026

The 30-second brief

What it covers

The Town of Rutland authorized renewal of two Certificates of Deposit with Watertown Savings Bank for 12 months. The Town will add $143,000 to one certificate and $172,500 to the other, with no early-withdrawal penalties.

Who holds it

Watertown Savings Bank holds this financial services contract with Town of Rutland. Its other public contracts on record include work for Jefferson Soil and Water Conservation District and Town of Alexandria.

What happens next

Term as filed: 12 months, with no penalties for early withdrawal.

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Contract details

Contract type
Financial Services
Amount
$143,000 additional deposit to Certificate of Deposit Account #5562000635 and $172,500 additional deposit to Certificate of Deposit Account #5562000636
Document date
March 12, 2026
Term
12 months, with no penalties for early withdrawal
Source document
Town of Rutland Minutes Town Board Meeting 2026-03-12 (Minutes)

Watertown Savings Bank's other public contracts

More Town of Rutland contracts

Questions about this contract

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

Watertown Savings Bank was awarded this financial services contract by Town of Rutland, as recorded on March 12, 2026. The contract value is $143,000 additional deposit to Certificate of Deposit Account #5562000635 and $172,500 additional deposit to Certificate of Deposit Account #5562000636.

How much is the Watertown Savings Bank contract with Town of Rutland worth?

The Watertown Savings Bank contract with Town of Rutland is valued at $143,000 additional deposit to Certificate of Deposit Account #5562000635 and $172,500 additional deposit to Certificate of Deposit Account #5562000636, 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 Rutland Minutes Town Board Meeting 2026-03-12 (Minutes), dated March 12, 2026 from Town of Rutland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Watertown Savings Bank hold?

Watertown Savings 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 Rutland currently buying?

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

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