FINANCIAL_SERVICESPENDING

Magnolia Bank Responds to Fire Equipment Note Bid Request

Magnolia Bank provided an interest quote as a potential lender for Atoka's $647,221 Fire Department Capital Outlay Note under informal bid terms. Final selection pending.

Status
PENDING
Document date
January 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Magnolia Bank
Agency
Town of Atoka · TN

Trusted by teams at

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
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
4.75% interest rate quoted
Contract type
FINANCIAL_SERVICES
Contract term
Same as note: up to 10 years (if selected as lender)
Renewal date
2036-01-13
Renewal
Not a renewable contract; one-time selection for municipal note sale.
Document type
Agenda
Source document
Town of Atoka Board of Mayor and Aldermen Meeting Agenda January 2026

Related contracts

Other contracts from Magnolia Bank.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Atoka?

Magnolia Bank was awarded this financial services contract by Town of Atoka, as recorded on January 13, 2026. The contract value is 4.75% interest rate quoted.

How much is the Magnolia Bank contract with Town of Atoka worth?

The Magnolia Bank contract with Town of Atoka is valued at 4.75% interest rate quoted, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Town of Atoka Board of Mayor and Aldermen Meeting Agenda January 2026 (Agenda), dated January 13, 2026 from Town of Atoka. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Magnolia Bank hold?

Magnolia 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 Magnolia Bank's profile

What is Town of Atoka currently buying?

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

View Town of Atoka's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free