West Salem School District Awards Financial Services Contract to Union State Bank (September 2026)
West Salem School DistrictSchool · West Salem, WI- Disclosed value
- Up to $5,000,000 at any one time; promissory note for $5,000,000 at 5.55% interest
- From minutes
- Approved
- Sep 28, 2026
- Term
- September 28, 2026 – June 30, 2027
- Renews
- Free account
The 30-second brief
The School District of West Salem approved borrowing up to $5 million from Union State Bank for school operations. The borrowing carries a 5.55% interest rate and must be repaid by June 30, 2027.
Union State Bank holds this financial services contract with West Salem School District. Its other public contracts on record include work for City of Udall and City of Clay Center.
The renewal date is on record. A free account shows it, with the renewals for every West Salem School District contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $5,000,000 at any one time; promissory note for $5,000,000 at 5.55% interest
- Document date
- September 28, 2026
- Term
- September 28, 2026 – June 30, 2027
- Renews
- Free account
- Vendor
- Union State Bank
- Source document
- School District of West Salem Minutes Regular Board Meeting September 28, 2026 (Minutes)
Union State Bank's other public contracts
More West Salem School District contracts
Questions about this contract
Who was awarded the financial services contract by West Salem School District?
Union State Bank was awarded this financial services contract by West Salem School District, as recorded on September 28, 2026. The contract value is Up to $5,000,000 at any one time; promissory note for $5,000,000 at 5.55% interest.
How much is the Union State Bank contract with West Salem School District worth?
The Union State Bank contract with West Salem School District is valued at Up to $5,000,000 at any one time; promissory note for $5,000,000 at 5.55% 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 School District of West Salem Minutes Regular Board Meeting September 28, 2026 (Minutes), dated September 28, 2026 from West Salem School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Union State Bank hold?
Union State 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 West Salem School District currently buying?
Explore West Salem School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.