Nebraska Investment Finance Authority Board of Directors Meeting Agenda May 2026
First State Bank Holdrege To Finance Samuelson Farm Purchase
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Description
NIFA plans to issue a $400,000 agricultural development bond for Drew Samuelson’s acquisition of 74 acres in Phelps County, with First State Bank in Holdrege purchasing the bond. The financing will feature a 5.59% variable interest rate below the bank’s standard.
Contract Details
Contract Amount
$400,000
Vendor
FIRST STATE BANK - HOLDREGE, NEBRASKA
Agency
Nebraska Investment Finance Authority, NE
Contract Type
FINANCIAL_SERVICES
Document Date
May 3, 2026
Renewal Info
Specific maturity date and any renewal provisions will be defined in final bond documents; they are not detailed in the report.
More from FIRST STATE BANK - HOLDREGE, NEBRASKA
Related Contracts
Issuing Agency
Nebraska Investment Finance Authority
State Housing Authority
Lincoln, NE
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