FINANCIAL_SERVICESAPPROVED

City of Guntersville Awards $600,000 Financial Services Contract to Peoples Bank (April 2026)

The City of Guntersville approved Resolution No. 1486 authorizing a $600,000, 4‑year loan from Peoples Bank at 4.15% to finance seven replacement PPV police Tahoes and their equipment. The financing covers previously awarded vehicle and outfitting bids and associated smaller items.

Status
APPROVED
Document date
April 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Peoples Bank
Agency
City of Guntersville · AL

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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
$600,000.00
Contract type
FINANCIAL_SERVICES
Contract term
4 years at 4.15%
Renewal
Single 4‑year loan term approved; no renewals or extensions mentioned.
Document type
Minutes
Source document
City of Guntersville Minutes Regular Meeting 2026-04-20

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Peoples Bank was awarded this financial services contract by City of Guntersville, as recorded on April 20, 2026. The contract value is $600,000.00.

How much is the Peoples Bank contract with City of Guntersville worth?

The Peoples Bank contract with City of Guntersville is valued at $600,000.00, 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 City of Guntersville Minutes Regular Meeting 2026-04-20 (Minutes), dated April 20, 2026 from City of Guntersville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Peoples Bank hold?

Peoples 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.

View Peoples Bank's profile

What is City of Guntersville currently buying?

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

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