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FINANCIAL_SERVICESONGOING

City of Cedar Falls Committee of the Whole Meeting Agenda Packet 2026-06-15

City Maintains Main Checking with Farmers State Bank

City of Cedar FallsFARMERS STATE BANKJune 15, 2026

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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

Description

Farmers State Bank serves as the main checking account provider for the City of Cedar Falls, facilitating daily banking operations and earning interest for city funds. The account is part of the city's long-term cash management strategy.

Contract Details

Vendor

FARMERS STATE BANK

Agency

City of Cedar Falls, IA

Contract Type

FINANCIAL_SERVICES

Document Date

June 15, 2026

Contract Term

Ongoing (main city checking account; referenced FY2026-FY2027)

Renewal Info

The banking relationship is ongoing and reviewed annually as part of cash management review. No fixed expiration date is specified.

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