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City of Muscle Shoals Awards Financial Services Contract to Bank Independent (November 2025)

City of Muscle Shoals logoCity of Muscle Shoals
Approved
Nov 17, 2025
Term
Council term commencing November 3, 2025

The 30-second brief

What it covers

The City of Muscle Shoals approved Bank Independent as the depository for the One Half Cent Sales Tax account through a formal council resolution. Approval is for the new council term starting November 2025.

Who holds it

Bank Independent holds this financial services contract with City of Muscle Shoals. Its other public contracts on record include work for City of Huntsville and Colbert County 911.

What happens next

Term as filed: Council term commencing November 3, 2025.

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Contract details

Contract type
Financial Services
Document date
November 17, 2025
Term
Council term commencing November 3, 2025
Vendor
Bank Independent
Agency
City of Muscle Shoals
Source document
City of Muscle Shoals City Council Agenda November 17 2025 (Agenda)

Bank Independent's other public contracts

City of Huntsville, AlabamaHuntsville Considers Bank Independent Letter Of Credit Invocation · Oct 22, 2026UndisclosedCity of Huntsville, AlabamaHuntsville Considers Invoking Bank Independent Letter · Oct 22, 2026UndisclosedColbert County 911, AlabamaColbert County 911 Renews CD With Bank Independent · Jul 14, 2026City of Huntsville, AlabamaCity to Draw on Bank Independent Letter of Credit · Jul 9, 2026UndisclosedAll Bank Independent contractsVendor profile

More City of Muscle Shoals contracts

Capstone Geo LLCMuscle Shoals Approves GIS Services Agreement with Capstone Geo · Oct 26, 2026Constellium Muscle Shoals LLCMuscle Shoals Approves $1 Training Facility Property Purchase · Oct 26, 2026Lackey Crossings LLCMuscle Shoals Holds Hearing on Lackey Crossings Agreement · Oct 26, 2026Vulcan Materials CompanyMuscle Shoals Awards Aggregate Bid to Vulcan Materials · Oct 26, 2026Morell Engineering IncMuscle Shoals Approves Police Facility Testing Contract · Oct 26, 2026All City of Muscle Shoals activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Muscle Shoals?

Bank Independent was awarded this financial services contract by City of Muscle Shoals, as recorded on November 17, 2025.

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 Muscle Shoals City Council Agenda November 17 2025 (Agenda), dated November 17, 2025 from City of Muscle Shoals. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank Independent hold?

Bank Independent may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Muscle Shoals currently buying?

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

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