FINANCIAL_SERVICESAPPROVED

City of Hedrick Awards Financial Services Contract to South Ottumwa Savings Bank (February 2026)

Hedrick City Council approved monthly bank service payments to South Ottumwa Savings Bank, and authorized a CD investment program rolling up to $6,000 per month as per Resolution #9-2026.

Document date · February 2, 2026

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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
$30.00 (ACH token, January), $10.00 (ACH token, February City Hall), $10.00 (ACH token, Water), $10.00 (ACH token, Sewer)
Contract type
FINANCIAL_SERVICES
Contract term
Monthly/As needed for token services; CD investment program ongoing
Renewal
CD investments to roll on ongoing basis, current resolution replaces past provisions; monthly ACH fees billed as needed.
Document type
Agenda
Source document
City of Hedrick Regular City Council Meeting Agenda February 2, 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 Hedrick?

South Ottumwa Savings Bank was awarded this financial services contract by City of Hedrick, as recorded on February 2, 2026. The contract value is $30.00 (ACH token, January), $10.00 (ACH token, February City Hall), $10.00 (ACH token, Water), $10.00 (ACH token, Sewer).

How much is the South Ottumwa Savings Bank contract with City of Hedrick worth?

The South Ottumwa Savings Bank contract with City of Hedrick is valued at $30.00 (ACH token, January), $10.00 (ACH token, February City Hall), $10.00 (ACH token, Water), $10.00 (ACH token, Sewer), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Hedrick Regular City Council Meeting Agenda February 2, 2026 (Agenda), dated February 2, 2026 from City of Hedrick. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does South Ottumwa Savings Bank hold?

South Ottumwa Savings 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 South Ottumwa Savings Bank's profile

What is City of Hedrick currently buying?

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

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