FINANCIAL_SERVICESAPPROVED

Bracken County Awards Financial Services Contract to Peoples Bank (January 2026)

Bracken County Fiscal Court voted to roll over a $1 million certificate of deposit plus interest with Peoples Bank for another 52 weeks at a 3.39% rate. Officials cited support for keeping banking services local despite slightly better rates available elsewhere.

Status
APPROVED
Document date
January 28, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Peoples Bank
Agency
Bracken County · KY

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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 amount
1 million dollars plus interest (CD balance)
Contract type
FINANCIAL_SERVICES
Contract term
52 weeks at 3.39% interest
Renewal date
2027-01-28
Renewal
Existing 12‑month certificate of deposit renewed for an additional 52 weeks at 3.39% interest.
Document type
Minutes
Source document
Bracken County Fiscal Court Meeting Minutes January 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Bracken County?

Peoples Bank was awarded this financial services contract by Bracken County, as recorded on January 28, 2026. The contract value is 1 million dollars plus interest (CD balance).

How much is the Peoples Bank contract with Bracken County worth?

The Peoples Bank contract with Bracken County is valued at 1 million dollars plus interest (CD balance), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Bracken County Fiscal Court Meeting Minutes January 2026 (Minutes), dated January 28, 2026 from Bracken County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Peoples Bank hold?

Peoples 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 Peoples Bank's profile

What is Bracken County currently buying?

Explore Bracken County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Bracken County's profile

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