FINANCIAL_SERVICESAPPROVED

Portland Housing Authority Awards Financial Services Contract to Volunteer Bank (September 2025)

The Portland Board of Mayor and Aldermen approved Resolution 25-62 selecting Volunteer Bank as the City's provider of banking services following a competitive RFP process. Volunteer Bank was chosen after offering the highest interest rate in compliance with Tennessee's four-year rebid requirement.

Status
APPROVED
Document date
September 15, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Volunteer Bank
Agency
Portland Housing Authority · TN

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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 type
FINANCIAL_SERVICES
Contract term
4 years (per Tennessee Public Chapter 227 banking services rebid requirement)
Renewal
Banking services must be re-bid at least every four years under Tennessee Public Chapter 227; this award is expected to run until the next required RFP cycle.
Document type
Minutes
Source document
city-of-portland-board-of-mayor-and-aldermen-minutes-september-15-2025_7de.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 Portland Housing Authority?

Volunteer Bank was awarded this financial services contract by Portland Housing Authority, as recorded on September 15, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-portland-board-of-mayor-and-aldermen-minutes-september-15-2025_7de.pdf (Minutes), dated September 15, 2025 from Portland Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Volunteer Bank hold?

Volunteer 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 Volunteer Bank's profile

What is Portland Housing Authority currently buying?

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

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