CONTRACTONGOING

Jacksonville Maintains $900K+ in CDs at Local Bank

City of Jacksonville
Disclosed value
$161,164 Certificate of Deposit, $214,745 Certificate of Deposit, $212,438 Certificate of Deposit, $313,566 Certificate of Deposit
From agenda
Document date
Feb 10, 2026
Term
CDs mature April 2026 and June 2026

The 30-second brief

What it covers

The City of Jacksonville A&P Commission maintains four certificates of deposit at First Arkansas Bank & Trust, with maturities in April and June 2026, totaling $901,912. These investments earn interest between 3.92% and 3.98%.

Who holds it

First Arkansas Bank & Trust holds this financial services contract with City of Jacksonville. Its other public contracts on record include work for Fort Smith Public Schools and Valley View CUSD 365U.

What happens next

Term as filed: CDs mature April 2026 and June 2026.

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Contract details

Contract type
Financial Services
Amount
$161,164 Certificate of Deposit, $214,745 Certificate of Deposit, $212,438 Certificate of Deposit, $313,566 Certificate of Deposit
Document date
February 10, 2026
Term
CDs mature April 2026 and June 2026
Vendor
First Arkansas Bank & Trust
Source document
City of Jacksonville Advertising and Promotion Commission Agenda February 10, 2026 (Agenda)

First Arkansas Bank & Trust's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Jacksonville?

First Arkansas Bank & Trust was awarded this financial services contract by City of Jacksonville, as recorded on February 10, 2026. The contract value is $161,164 Certificate of Deposit, $214,745 Certificate of Deposit, $212,438 Certificate of Deposit, $313,566 Certificate of Deposit.

How much is the First Arkansas Bank & Trust contract with City of Jacksonville worth?

The First Arkansas Bank & Trust contract with City of Jacksonville is valued at $161,164 Certificate of Deposit, $214,745 Certificate of Deposit, $212,438 Certificate of Deposit, $313,566 Certificate of Deposit, 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 City of Jacksonville Advertising and Promotion Commission Agenda February 10, 2026 (Agenda), dated February 10, 2026 from City of Jacksonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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