FINANCIAL_SERVICESAPPROVED

City of Fayetteville Awards Financial Services Contract to First Commerce Bank (March 2026)

The Board of Mayor and Aldermen approved transferring a certificate of deposit from Bank of Frankewing to First Commerce Bank at a 3.25% interest rate for a 12-month term. This action designates First Commerce Bank as the new depository for the CD.

Status
APPROVED
Document date
March 10, 2026
Contract type
FINANCIAL_SERVICES
Vendor
First Commerce Bank
Agency
City of Fayetteville · TN

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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

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
12 months
Renewal
CD placed with First Commerce Bank for a fixed 12-month term at 3.25% interest; renewal or rollover after maturity not specified in minutes.
Document type
Minutes
Source document
Fayetteville Board of Mayor and Aldermen Meeting Minutes March 2026

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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 Fayetteville?

First Commerce Bank was awarded this financial services contract by City of Fayetteville, as recorded on March 10, 2026.

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 Fayetteville Board of Mayor and Aldermen Meeting Minutes March 2026 (Minutes), dated March 10, 2026 from City of Fayetteville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Commerce Bank hold?

First Commerce 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.

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What is City of Fayetteville currently buying?

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

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