CONTRACTAPPROVED

Town of Somerset Awards Financial Services Contract to North Valley Bank (July 2026)

Town of Somerset
Disclosed value
3.70% interest rate
From minutes
Approved
Jul 14, 2026

The 30-second brief

What it covers

Somerset Council approved consolidating four matured certificates of deposit with North Valley Bank. The certificates will be combined at a 3.70% interest rate.

Who holds it

North Valley Bank holds this financial services contract with Town of Somerset. Its other public contracts on record include work for City of Zanesville and Town of Mountainair.

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Contract details

Contract type
Financial Services
Amount
3.70% interest rate
Document date
July 14, 2026
Source document
Village of Somerset Minutes Council Meeting 2026-07-14 (Minutes)

North Valley Bank's other public contracts

More Town of Somerset contracts

Questions about this contract

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

North Valley Bank was awarded this financial services contract by Town of Somerset, as recorded on July 14, 2026. The contract value is 3.70% interest rate.

How much is the North Valley Bank contract with Town of Somerset worth?

The North Valley Bank contract with Town of Somerset is valued at 3.70% interest rate, 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 Village of Somerset Minutes Council Meeting 2026-07-14 (Minutes), dated July 14, 2026 from Town of Somerset. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does North Valley Bank hold?

North Valley 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 Somerset currently buying?

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

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