FINANCIAL_SERVICESAPPROVED

Arkansas State University System Awards $8,500,000 Financial Services Contract to Centennial Bank (August 2026)

Arkansas State University secured Board approval for Centennial Bank to serve as lending partner on an $8,500,000 construction loan financing the new Indoor Baseball Development and Training Center. The loan will be facilitated in partnership with the Red Wolves Foundation.

Status
APPROVED
Document date
August 7, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Centennial Bank
Agency
Arkansas State University System · AR

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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
$8,500,000
Contract type
FINANCIAL_SERVICES
Contract term
Construction period approximately January 1, 2026 – January 31, 2027; loan repayment term not specified
Renewal
Construction loan facility associated with the indoor baseball center; no renewal or refinancing terms are stated.
Document type
AgendaPacket
Source document
Arkansas State University System Board of Trustees AgendaPacket 2026-08-07

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Arkansas State University System?

Centennial Bank was awarded this financial services contract by Arkansas State University System, as recorded on August 7, 2026. The contract value is $8,500,000.

How much is the Centennial Bank contract with Arkansas State University System worth?

The Centennial Bank contract with Arkansas State University System is valued at $8,500,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Arkansas State University System Board of Trustees AgendaPacket 2026-08-07 (AgendaPacket), dated August 7, 2026 from Arkansas State University System. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Centennial Bank hold?

Centennial 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.

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What is Arkansas State University System currently buying?

Explore Arkansas State University System's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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