portland-housing-authority-agenda-october-6-2025_170.pdf
Volunteer Bank chosen for City banking services
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Description
Portland approved Volunteer Bank as its provider of banking services following a competitive RFP conducted under Tennessee Public Chapter 227. The four-year engagement was awarded based on Volunteer Bank’s higher interest rate proposal.
Contract Details
Vendor
VOLUNTEER BANK
Agency
Portland Housing Authority, TN
Contract Type
FINANCIAL_SERVICES
Document Date
October 6, 2025
Contract Term
4 years (per banking services RFP cycle)
Renewal Info
Banking services are procured via RFP at least every four years under Tennessee Public Chapter 227, so the agreement is expected to be revisited at the end of the four-year term.
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