Town of Williamston Awards Financial Services Contract to First National Bank (April 2026)

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $499,735; annual payment $113,980.03; total interest $70,165.14

Contract type

FINANCIAL_SERVICES

Contract term

5 years, annual payments

Renewal

Installment financing structured as a five-year term loan; no renewals specified, and obligations end upon repayment.

Document type

Agenda

Source document

Town of Williamston Board of Commissioners Meeting Agenda April 6, 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 Williamston?

First National Bank was awarded this financial services contract by Town of Williamston, as recorded on April 6, 2026. The contract value is Not to exceed $499,735; annual payment $113,980.03; total interest $70,165.14.

How much is the First National Bank contract with Town of Williamston worth?

The First National Bank contract with Town of Williamston is valued at Not to exceed $499,735; annual payment $113,980.03; total interest $70,165.14, 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 Williamston Board of Commissioners Meeting Agenda April 6, 2026 (Agenda), dated April 6, 2026 from Town of Williamston. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First National Bank hold?

First National 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 First National Bank's profile

What is Town of Williamston currently buying?

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

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