FINANCIAL_SERVICESAPPROVED

Town of Wakefield Awards Financial Services Contract to State Bank of Cold Spring (June 2026)

Wakefield Township authorized reinvestment of a maturing $221,952 certificate of deposit, plus interest, into a 13‑month CD at 3.5% with State Bank of Cold Spring. The financial services action was approved unanimously by the board.

Document date · June 4, 2026

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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
$221,952 plus interest
Contract type
FINANCIAL_SERVICES
Contract term
13 months at 3.5%
Renewal
Reinvestment of existing CD into a new 13‑month term at 3.5%; renewal terms beyond this term were not specified.
Document type
Minutes
Source document
Wakefield Township Board Minutes 2026-06-04

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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 Wakefield?

State Bank of Cold Spring was awarded this financial services contract by Town of Wakefield, as recorded on June 4, 2026. The contract value is $221,952 plus interest.

How much is the State Bank of Cold Spring contract with Town of Wakefield worth?

The State Bank of Cold Spring contract with Town of Wakefield is valued at $221,952 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 Wakefield Township Board Minutes 2026-06-04 (Minutes), dated June 4, 2026 from Town of Wakefield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does State Bank of Cold Spring hold?

State Bank of Cold Spring may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View State Bank of Cold Spring's profile

What is Town of Wakefield currently buying?

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