FINANCIAL_SERVICESAPPROVED

Iowa Finance Authority Awards $522,500 Financial Services Contract to Peoples Bank (October 2025)

The Iowa Finance Authority approved Resolution AG 25-055B authorizing Peoples Bank to purchase a $522,500 Agricultural Development Revenue Bond supporting a beginning farmer land purchase in Greene County. Bond proceeds will be loaned under a financing agreement secured by project revenues.

Status
APPROVED
Document date
October 1, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Peoples Bank
Agency
Iowa Finance Authority · IA

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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
$522,500
Contract type
FINANCIAL_SERVICES
Contract term
Not specified (Agricultural Development Revenue Bond standard terms apply)
Renewal
Single bond issuance; principal and other terms may be adjusted downward by agreement prior to closing but no renewal options are described.
Document type
Agenda
Source document
iowa-finance-authority-board-of-directors-meeting-agenda-october-1-2025_1f0.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Iowa Finance Authority?

Peoples Bank was awarded this financial services contract by Iowa Finance Authority, as recorded on October 1, 2025. The contract value is $522,500.

How much is the Peoples Bank contract with Iowa Finance Authority worth?

The Peoples Bank contract with Iowa Finance Authority is valued at $522,500, covering financial services work.

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 iowa-finance-authority-board-of-directors-meeting-agenda-october-1-2025_1f0.pdf (Agenda), dated October 1, 2025 from Iowa Finance Authority. 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 Iowa Finance Authority currently buying?

Explore Iowa Finance Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Iowa Finance Authority's profile

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