FINANCIAL_SERVICESRENEWED

City Renews 12-Month CD with First Commerce Bank

The City of Fayetteville Board of Mayor and Aldermen approved renewal of a certificate of deposit with First Commerce Bank at a 3.5% interest rate for a 12‑month term. The action maintains the City's investment with the bank under the same instrument for another year.

Status
RENEWED
Document date
June 9, 2026
Contract type
FINANCIAL_SERVICES
Vendor
First Commerce Bank
Agency
City of Fayetteville · 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
12 months
Renewal
Certificate of deposit renewed for an additional 12-month term at a 3.5% interest rate. No additional renewal options or maturity date were specified in the minutes.
Document type
Minutes
Source document
City of Fayetteville Board of Mayor and Aldermen Minutes 2026-06-09

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Frequently asked questions

Common questions about this contract, answered from the record.

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

First Commerce Bank was awarded this financial services contract by City of Fayetteville, as recorded on June 9, 2026.

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 Fayetteville Board of Mayor and Aldermen Minutes 2026-06-09 (Minutes), dated June 9, 2026 from City of Fayetteville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Commerce Bank hold?

First Commerce 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 First Commerce Bank's profile

What is City of Fayetteville currently buying?

Explore City of Fayetteville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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