CONTRACTAPPROVED

City of Louisburg Awards $3,000,000 Financial Services Contract to First Option (September 2025)

City of Louisburg
Disclosed value
$3,000,000
From agenda
Approved
Sep 2, 2025

The 30-second brief

What it covers

City of Louisburg accepted the bid from First Option Bank and reinvests the $3 million with First Option Bank at a rate of 3.95%.

Who holds it

First Option holds this financial services contract with City of Louisburg. Its other public contracts on record include work for City of Horton and Montrose Area SD.

See who signed off on this $3M contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
$3,000,000
Document date
September 2, 2025
Term
NA
Source document
city-of-louisburg-city-council-regular-meeting-agenda-september-2025_9a2.pdf (Agenda)

First Option's other public contracts

More City of Louisburg contracts

Questions about this contract

Who was awarded the financial services contract by City of Louisburg?

First Option was awarded this financial services contract by City of Louisburg, as recorded on September 2, 2025. The contract value is $3,000,000.

How much is the First Option contract with City of Louisburg worth?

The First Option contract with City of Louisburg is valued at $3,000,000, 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 city-of-louisburg-city-council-regular-meeting-agenda-september-2025_9a2.pdf (Agenda), dated September 2, 2025 from City of Louisburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does First Option hold?

First Option 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 City of Louisburg currently buying?

Explore City of Louisburg's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →