CONTRACTAPPROVED

Arkansas Development Finance Authority | State of Arkansas Awards Financial Services Contract to Simmons Bank (July 2026)

Arkansas Development Finance Authority | State of Arkansas logoArkansas Development Finance Authority | State of Arkansas
Approved
Jul 16, 2026

The 30-second brief

What it covers

ADFA approved Simmons Bank as trustee for upcoming Arkansas Student Loan Authority bond issues. The issues are expected in early 2027, and staff selected the bank after evaluating six RFP responses and its ability to support a desired AA rating.

Who holds it

Simmons Bank holds this financial services contract with Arkansas Development Finance Authority | State of Arkansas. Its other public contracts on record include work for Sherman Independent School District and Grayson County.

What happens next

Term as filed: 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
Upcoming Student Loan Bond Issues expected in early 2027
Source document
Arkansas Development Finance Authority AgendaPacket Board Committee Meeting 2026-07-16 (AgendaPacket)

Simmons Bank's other public contracts

More Arkansas Development Finance Authority | State of Arkansas contracts

Questions about this contract

Who was awarded the financial services contract by Arkansas Development Finance Authority | State of Arkansas?

Simmons Bank was awarded this financial services contract by Arkansas Development Finance Authority | State of Arkansas, 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 AgendaPacket Board Committee Meeting 2026-07-16 (AgendaPacket), dated July 16, 2026 from Arkansas Development Finance Authority | State of Arkansas. 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 | State of Arkansas currently buying?

Explore Arkansas Development Finance Authority | State of Arkansas's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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