FINANCIAL_SERVICESAPPROVED

City of Weaver Awards Financial Services Contract to Investar Bank (July 2026)

The Weaver City Council authorized the mayor to reinvest funds in a certificate of deposit with Investar Bank, allowing up to $350,000 in additional funds from the General Fund Savings and permitting him to negotiate the terms. This action renews the city's investment relationship with the bank for account #8174.

Status
APPROVED
Document date
July 14, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Investar Bank
Agency
City of Weaver · AL

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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 amount
up to $350,000
Contract type
FINANCIAL_SERVICES
Renewal
Council approval allows reinvestment of CD account #8174 with Investar Bank and the addition of up to $350,000 from General Fund Savings; specific maturity and renewal dates will depend on negotiated CD terms.
Document type
Minutes
Source document
City of Weaver Minutes City Council Meeting 2026-07-14

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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 Weaver?

Investar Bank was awarded this financial services contract by City of Weaver, as recorded on July 14, 2026. The contract value is up to $350,000.

How much is the Investar Bank contract with City of Weaver worth?

The Investar Bank contract with City of Weaver is valued at up to $350,000, covering financial services work.

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 Weaver Minutes City Council Meeting 2026-07-14 (Minutes), dated July 14, 2026 from City of Weaver. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Investar Bank hold?

Investar 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 Investar Bank's profile

What is City of Weaver currently buying?

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

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