FINANCIAL_SERVICESAPPROVED

Arkansas Development Finance Authority Awards Financial Services Contract to Simmons Bank (July 2026)

ADFA’s Operations Committee approved Simmons Bank as Trustee for upcoming Arkansas Student Loan Authority student loan bond issues expected in early 2027, following a competitive RFP process. The selection supports the Authority’s aim to achieve a AA rating on the bonds.

Status
APPROVED
Document date
July 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Simmons Bank
Agency
Arkansas Development Finance Authority · AR

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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
For upcoming student loan bond issues expected in early 2027
Document type
AgendaPacket
Source document
Arkansas Development Finance Authority Board Committee Meeting Agenda Packet 2026-07-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Arkansas Development Finance Authority?

Simmons Bank was awarded this financial services contract by Arkansas Development Finance Authority, as recorded on July 16, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Arkansas Development Finance Authority Board Committee Meeting Agenda Packet 2026-07-16 (AgendaPacket), dated July 16, 2026 from Arkansas Development Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Simmons Bank hold?

Simmons 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 Simmons Bank's profile

What is Arkansas Development Finance Authority currently buying?

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

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