FINANCIAL_SERVICESAWARDED

City of Arkadelphia Awards Financial Services Contract to Southern Bancorp (January 2026)

The Board accepted a low bid from Southern Bancorp for the MLK Park Construction Loan with a 4.49% interest rate and $275 processing fee. City officials are authorized to sign the required loan documents.

Document date · January 6, 2026

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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
4.49% interest rate with $275 processing fee
Contract type
FINANCIAL_SERVICES
Document type
Agenda
Source document
Arkadelphia Board of Directors Meeting Agenda January 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 City of Arkadelphia?

Southern Bancorp was awarded this financial services contract by City of Arkadelphia, as recorded on January 6, 2026. The contract value is 4.49% interest rate with $275 processing fee.

How much is the Southern Bancorp contract with City of Arkadelphia worth?

The Southern Bancorp contract with City of Arkadelphia is valued at 4.49% interest rate with $275 processing fee, 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 Arkadelphia Board of Directors Meeting Agenda January 2026 (Agenda), dated January 6, 2026 from City of Arkadelphia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Southern Bancorp hold?

Southern Bancorp 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 Southern Bancorp's profile

What is City of Arkadelphia currently buying?

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