FINANCIAL_SERVICESAPPROVED

Iowa Finance Authority Awards $453,014 Financial Services Contract to Citizens State Bank (October 2025)

The Iowa Finance Authority approved Resolution AG 25-058B authorizing Citizens State Bank to purchase a $453,014 Agricultural Development Revenue Bond to fund a 100-acre land purchase in Delaware County. The bond will be repaid from loan payments secured under a financing agreement.

Status
APPROVED
Document date
October 1, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Citizens State Bank
Agency
Iowa Finance Authority · IA

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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 amount
$453,014
Contract type
FINANCIAL_SERVICES
Contract term
Not specified (Agricultural Development Revenue Bond standard terms apply)
Renewal
Single bond issuance with flexibility to adjust principal downward before closing; no renewal provisions are included.
Document type
Agenda
Source document
iowa-finance-authority-board-of-directors-meeting-agenda-october-1-2025_1f0.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 Iowa Finance Authority?

Citizens State Bank was awarded this financial services contract by Iowa Finance Authority, as recorded on October 1, 2025. The contract value is $453,014.

How much is the Citizens State Bank contract with Iowa Finance Authority worth?

The Citizens State Bank contract with Iowa Finance Authority is valued at $453,014, 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 iowa-finance-authority-board-of-directors-meeting-agenda-october-1-2025_1f0.pdf (Agenda), dated October 1, 2025 from Iowa Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Citizens State Bank hold?

Citizens State 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 Citizens State Bank's profile

What is Iowa Finance Authority currently buying?

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

View Iowa Finance Authority's profile

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