Town of Wentworth Awards Financial Services Contract to Meredith Village Savings Bank (May 2026)
Town of WentworthCity · NH- Disclosed value
- $1,000,000 line of credit; $3,500 application deposit; $1,000 loan origination fee; additional legal fees
- From minutes
- Approved
- May 26, 2026
- Term
- 6 months
The 30-second brief
The Wentworth Select Board voted to proceed with a $1,000,000, 6‑month line of credit from Meredith Village Savings Bank at a proposed 5.75% interest rate to finance Cross Road bridge repairs pending FEMA reimbursement. The term sheet includes an application deposit, origination fee, and customary closing costs, with final approval subject to bank underwriting.
Meredith Village Savings Bank holds this financial services contract with Town of Wentworth. Its other public contracts on record include work for Town of Tuftonboro and Town of Plymouth.
Term as filed: 6 months.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,000,000 line of credit; $3,500 application deposit; $1,000 loan origination fee; additional legal fees
- Document date
- May 26, 2026
- Term
- 6 months
- Agency
- Town of Wentworth
- Source document
- Town of Wentworth Board of Selectmen Meeting Minutes 2026-05-26 (Minutes)
Meredith Village Savings Bank's other public contracts
More Town of Wentworth contracts
Questions about this contract
Who was awarded the financial services contract by Town of Wentworth?
Meredith Village Savings Bank was awarded this financial services contract by Town of Wentworth, as recorded on May 26, 2026. The contract value is $1,000,000 line of credit; $3,500 application deposit; $1,000 loan origination fee; additional legal fees.
How much is the Meredith Village Savings Bank contract with Town of Wentworth worth?
The Meredith Village Savings Bank contract with Town of Wentworth is valued at $1,000,000 line of credit; $3,500 application deposit; $1,000 loan origination fee; additional legal fees, 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 Town of Wentworth Board of Selectmen Meeting Minutes 2026-05-26 (Minutes), dated May 26, 2026 from Town of Wentworth. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Meredith Village Savings Bank hold?
Meredith Village Savings 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 Wentworth currently buying?
Explore Town of Wentworth's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.