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University Of Montevallo Awards $360,746 Investment Contract to Central State Bank (April 2025)

University Of Montevallo logoUniversity Of Montevallo
Disclosed value
$360,745.92
From meeting minutes
Approved
Apr 28, 2025
Term
9-12 months

The 30-second brief

What it covers

City of Montevallo approves investment of $160,745.92 in Certificates of Deposit with City Reserve Funds in a Money Market Account and $200,000 from the Mahler Estate Account into Certificates of Deposit at Central State Bank for a term of 9 months with a 4.25% interest rate and 1 year @ 4.0%.

Who holds it

Central State Bank holds this investment contract with University Of Montevallo. Its other public contracts on record include work for Town of New Site and Dallas County.

What happens next

Term as filed: 9-12 months.

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Contract details

Contract type
Investment
Amount
$360,745.92
Document date
April 28, 2025
Term
9-12 months
Vendor
Central State Bank
Agency
University Of Montevallo
Source document
university-of-montevallo-meeting-minutes-2025-04-28_69b.pdf (Meeting Minutes)

Central State Bank's other public contracts

Town of New Site, AlabamaConstruction Loan Closed with Central State Bank · Sep 8, 2026UndisclosedDallas County, IowaCentral State Bank Receives $20M Deposit Authority · Aug 11, 2026$20MDallas County, IowaCentral State Bank Approved As County Depository · Aug 11, 2026$20MCity of Quincy, IllinoisCentral State Bank Named As Possible Sports Park Lender · Jul 20, 2026UndisclosedCity of Collins, GeorgiaDebt Service Payment on Central State Bank Loan 65801 · Jul 9, 2026$26.2KAll Central State Bank contractsVendor profile

More University Of Montevallo contracts

Trustmark National BankCity invests $450K in Trustmark Certificates · Apr 28, 2025$450KPARAPARA labor for grading and drainage · Apr 21, 2025UndisclosedLegacy Wealth Financial GroupLegacy Wealth Financial Group: $5,000 501(c)(3) Assistance · Mar 20, 2025$5KFalcon Consultinguniversity-of-montevallo-agenda-2025-03-20_8d0.pdf · Mar 20, 2025UndisclosedMainstreet AlabamaMain street Alabama for funding another project · Feb 13, 2025UndisclosedAll University Of Montevallo activityAgency profile

Questions about this contract

Who was awarded the investment contract by University Of Montevallo?

Central State Bank was awarded this investment contract by University Of Montevallo, as recorded on April 28, 2025. The contract value is $360,745.92.

How much is the Central State Bank contract with University Of Montevallo worth?

The Central State Bank contract with University Of Montevallo is valued at $360,745.92, covering investment work.

What type of contract is this?

This is a Investment contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in university-of-montevallo-meeting-minutes-2025-04-28_69b.pdf (Meeting Minutes), dated April 28, 2025 from University Of Montevallo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Central State Bank hold?

Central 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.

What is University Of Montevallo currently buying?

Explore University Of Montevallo's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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