Summit Renews Certificates With NexTier Bank

Summit Township renewed two certificates of deposit with NexTier Bank for six months at an interest rate of 3.75%. The board approved the renewal unanimously.

Document date · September 16, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

6 months at 3.75%

Renewal date

2027-03-16

Renewal

Renewal of CD #157 and CD #158 for six months at 3.75%.

Document type

Minutes

Source document

Summit Township Minutes Public Meeting September 16, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

Nextier Bank was awarded this financial services contract by Town of Summit, as recorded on September 16, 2026.

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 Summit Township Minutes Public Meeting September 16, 2026 (Minutes), dated September 16, 2026 from Town of Summit. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Nextier Bank hold?

Nextier 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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