CONTRACTRENEWED

Town Renews $50K CD With First Commerce Bank

Disclosed value: $50,000.00; From agenda
Document date: Sep 13, 2021

What it covers

The Town of Chapel Hill plans to renew its public funds certificate of deposit account 111036 with First Commerce Bank, maintaining a $50,000 balance on a 12‑month term. The CD automatically renewed on September 4, 2021 with maturity on September 4, 2022 and carries a six‑month interest penalty for early withdrawal.

Who holds it

First Commerce Bank holds this financial services contract with Town of Chapel Hill. Its other public contracts on record include work for City of Fayetteville and Valley View CUSD 365U.

What happens next

Term as filed: 12 months, renewing 09/04/2021 – 09/04/2022.

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Contract details

Contract type: Financial Services
Amount: $50,000.00
Document date: September 13, 2021
Term: 12 months, renewing 09/04/2021 – 09/04/2022
Vendor: First Commerce Bank
Agency: Town of Chapel Hill
Source document: town-of-chapel-hill-agenda-2021-09-13_4b7.pdf (Agenda)

First Commerce Bank's other public contracts

City of Fayetteville, TennesseeCity Renews 12-Month CD with First Commerce Bank · Jun 9, 2026Undisclosed Valley View CUSD 365U, IllinoisDistrict CDARS Deposit at First Commerce Bank · May 11, 2026 Valley View CUSD 365U, IllinoisFirst Commerce Bank CDARS Certificate · Apr 13, 2026$243.5K Township of Lakewood, New JerseyPerformance Guarantee Funds Released via First Commerce Bank · Mar 12, 2026$31.4K City of Fayetteville, TennesseeCity Transfers CD to First Commerce Bank · Mar 10, 2026Undisclosed All First Commerce Bank contractsVendor profile

More Town of Chapel Hill contracts

Chapel Hilltown-of-chapel-hill-agenda-2024-11-06_3b1.pdf · Nov 6, 2024$1.3M Tommy AdkinsTommy Adkins quotes for Spring Creek Farms Subdivision · Jun 24, 2024Undisclosed Hethcoat & Davis EngineeringEngineering for Ellington Lift Station Plans is underway · Jun 24, 2024Undisclosed J R WaufordContract for engineering services approved · Mar 11, 2024Undisclosed Smith ContractorsSmith Contractors Awarded Wastewater Treatment Improvement Bid · Feb 12, 2024Undisclosed All Town of Chapel Hill activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Town of Chapel Hill?

First Commerce Bank was awarded this financial services contract by Town of Chapel Hill, as recorded on September 13, 2021. The contract value is $50,000.00.

How much is the First Commerce Bank contract with Town of Chapel Hill worth?

The First Commerce Bank contract with Town of Chapel Hill is valued at $50,000.00, 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 town-of-chapel-hill-agenda-2021-09-13_4b7.pdf (Agenda), dated September 13, 2021 from Town of Chapel Hill. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First Commerce Bank hold?

First Commerce 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.

What is Town of Chapel Hill currently buying?

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

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