Arkansas Development Finance Authority Awards Financial Services Contract to Simmons Bank (July 2026)
Arkansas Development Finance AuthorityState · Little Rock, AR- Approved
- Jul 16, 2026
The 30-second brief
ADFA’s Operations Committee approved Simmons Bank as Trustee for upcoming Arkansas Student Loan Authority student loan bond issues expected in early 2027, following a competitive RFP process. The selection supports the Authority’s aim to achieve a AA rating on the bonds.
Simmons Bank holds this financial services contract with Arkansas Development Finance Authority. Its other public contracts on record include work for Sherman Independent School District and Grayson County.
Term as filed: For upcoming student loan bond issues expected in early 2027.
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Contract details
- Contract type
- Financial Services
- Document date
- July 16, 2026
- Term
- For upcoming student loan bond issues expected in early 2027
- Vendor
- Simmons Bank
- Source document
- Arkansas Development Finance Authority Board Committee Meeting Agenda Packet 2026-07-16 (AgendaPacket)
Simmons Bank's other public contracts
More Arkansas Development Finance Authority contracts
Questions about this contract
Who was awarded the financial services contract by Arkansas Development Finance Authority?
Simmons Bank was awarded this financial services contract by Arkansas Development Finance Authority, as recorded on July 16, 2026.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Arkansas Development Finance Authority Board Committee Meeting Agenda Packet 2026-07-16 (AgendaPacket), dated July 16, 2026 from Arkansas Development Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Simmons Bank hold?
Simmons 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 Arkansas Development Finance Authority currently buying?
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