FINANCIAL_SERVICESAPPROVED

Town of Selma Awards Financial Services Contract to Ks Bank (March 2026)

Town of Selma approved financing with KS Bank for the procurement of three 2025 Ford Explorers under a five-year installment contract, not to exceed $127,578 total.

Status
APPROVED
Document date
March 5, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Ks Bank
Agency
Town of Selma · NC

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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
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
Not to exceed $127,578.00; 5.65% fixed interest for 5 years
Contract type
FINANCIAL_SERVICES
Contract term
5 years
Renewal date
2031-03-05
Renewal
Five-year term, non-renewable; resolution sets intent for single vehicle acquisition project.
Document type
Agenda
Source document
Town of Selma Council Meeting Agenda March 2026

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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 Selma?

Ks Bank was awarded this financial services contract by Town of Selma, as recorded on March 5, 2026. The contract value is Not to exceed $127,578.00; 5.65% fixed interest for 5 years.

How much is the Ks Bank contract with Town of Selma worth?

The Ks Bank contract with Town of Selma is valued at Not to exceed $127,578.00; 5.65% fixed interest for 5 years, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Town of Selma Council Meeting Agenda March 2026 (Agenda), dated March 5, 2026 from Town of Selma. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ks Bank hold?

Ks 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 Ks Bank's profile

What is Town of Selma currently buying?

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

View Town of Selma's profile

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