FINANCIAL_SERVICESDISCUSSED

Library Reviews Disposition of Beacon Bank CD Funds

The Willington Public Library Board discussed how to handle up to $47,732.20 in surplus funds associated with an existing Beacon Bank certificate of deposit. Options include opening a new CD or holding the funds until the existing CD matures in November.

Document date · August 26, 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
Up to $47,732.20 currently available; prior transfer amount was $50,000
Contract type
FINANCIAL_SERVICES
Contract term
Existing CD arrangement; intended CD maturity in November
Renewal
Existing CD was intended to receive transferred surplus funds; board considered a new CD or other account arrangement after a transfer deadline was missed.
Document type
Agenda
Source document
Willington Public Library Special Meeting Agenda 2026-08-26

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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 Willington?

Beacon Bank was awarded this financial services contract by Town of Willington, as recorded on August 26, 2026. The contract value is Up to $47,732.20 currently available; prior transfer amount was $50,000.

How much is the Beacon Bank contract with Town of Willington worth?

The Beacon Bank contract with Town of Willington is valued at Up to $47,732.20 currently available; prior transfer amount was $50,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Willington Public Library Special Meeting Agenda 2026-08-26 (Agenda), dated August 26, 2026 from Town of Willington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Beacon Bank hold?

Beacon 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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