Town’s First Security Bank relationship questioned by residents
Town of StevensvilleCity · Stevensville, MT- Disclosed value
- approximately $3.5 million (deposited funds)
- From minutes
- Document date
- Jun 4, 2026
The 30-second brief
Stevensville residents questioned the town’s practice of holding roughly $3.5 million in public funds at First Security Bank and asked about FDIC coverage, collateralization, and potential conflicts of interest. The mayor and finance officer agreed to provide a detailed report at a future meeting, but no formal change to the banking arrangement was approved at this session.
First Security Bank holds this financial services contract with Town of Stevensville. Its other public contracts on record include work for Yazoo City Police Department and Town of Mackinaw.
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Contract details
- Contract type
- Financial Services
- Amount
- approximately $3.5 million (deposited funds)
- Document date
- June 4, 2026
- Vendor
- First Security Bank
- Agency
- Town of Stevensville
- Source document
- Stevensville Town Council Minutes 2026-06-04 (Minutes)
First Security Bank's other public contracts
More Town of Stevensville contracts
Questions about this contract
Who was awarded the financial services contract by Town of Stevensville?
First Security Bank was awarded this financial services contract by Town of Stevensville, as recorded on June 4, 2026. The contract value is approximately $3.5 million (deposited funds).
How much is the First Security Bank contract with Town of Stevensville worth?
The First Security Bank contract with Town of Stevensville is valued at approximately $3.5 million (deposited funds), 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 Stevensville Town Council Minutes 2026-06-04 (Minutes), dated June 4, 2026 from Town of Stevensville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First Security Bank hold?
First Security 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 Stevensville currently buying?
Explore Town of Stevensville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.