FINANCIAL_SERVICESRENEWED

Salem Renews Arrow Bank Financing for Wheel Loader

The Salem Town Board renewed a $37,000 BAN with Arrow Bank for the Doosan DL 250 Wheel Loader. Payment of principal plus interest is due in December 2026.

Document date · August 12, 2026

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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
$37,000 plus interest
Contract type
FINANCIAL_SERVICES
Contract term
Renewal due in early December 2026
Renewal date
2026-12-01
Renewal
BAN renewal authorized by Resolution #64; principal and interest are payable in December 2026.
Document type
Minutes
Source document
Town of Salem Minutes Regular Monthly Meeting-Town Board August 12, 2026

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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 Salem?

Arrow Bank was awarded this financial services contract by Town of Salem, as recorded on August 12, 2026. The contract value is $37,000 plus interest.

How much is the Arrow Bank contract with Town of Salem worth?

The Arrow Bank contract with Town of Salem is valued at $37,000 plus interest, 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 Town of Salem Minutes Regular Monthly Meeting-Town Board August 12, 2026 (Minutes), dated August 12, 2026 from Town of Salem. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Arrow Bank hold?

Arrow 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.

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