City of Schofield Awards $1,875,000 Financial Services Contract to Intercity State Bank (August 2026)

Scope & details

The full contract record, as filed.

Contract amount

$1,875,000.00

Contract type

FINANCIAL_SERVICES

Contract term

September 8, 2026 – September 8, 2041 (15-year term)

Renewal date

2041-09-08

Renewal

Fifteen-year note with semiannual interest payments starting March 8, 2027 and annual principal payments each September 8 until paid in full by September 8, 2041; rate fixed at 4.89% for five years then adjusts every three years; loan is prepayable at any time without penalty.

Document type

AgendaPacket

Source document

City of Schofield Finance/Economic Redevelopment Committee Agenda Packet 2026-08-10

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City of Schofield Finance/Economic Redevelopment Committee Agenda Packet 2026-08-10

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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 Schofield?

Intercity State Bank was awarded this financial services contract by City of Schofield, as recorded on August 8, 2026. The contract value is $1,875,000.00.

How much is the Intercity State Bank contract with City of Schofield worth?

The Intercity State Bank contract with City of Schofield is valued at $1,875,000.00, covering financial services work.

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 City of Schofield Finance/Economic Redevelopment Committee Agenda Packet 2026-08-10 (AgendaPacket), dated August 8, 2026 from City of Schofield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Intercity State Bank hold?

Intercity 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 Intercity State Bank's profile

What is City of Schofield currently buying?

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

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