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Corydon State Bank Offers Bond Financing Rate

City of Corydon logoCity of Corydon
Document date
Sep 16, 2025

The 30-second brief

What it covers

Corydon State Bank presented a 3.9% interest rate for a 7-year general obligation bond to finance the city’s pumper truck purchase. The city’s financial counsel confirmed this as the lowest available municipal bond rate for the transaction.

Who holds it

Corydon State Bank holds this financial services contract with City of Corydon. Its other public contracts on record include work for Macon County R-IV School District and Wayne County.

What happens next

Term as filed: 7-year term at 3.9% interest (general obligation bond).

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Contract details

Contract type
Financial Services
Document date
September 16, 2025
Term
7-year term at 3.9% interest (general obligation bond)
Vendor
Corydon State Bank
Agency
City of Corydon
Source document
city_of_corydon_city_council_special_meeting_minut.pdf (Minutes)

Corydon State Bank's other public contracts

Macon County R-IV School District, MissouriBoard to Consider Contract with Corydon State Bank · Mar 23, 2026UndisclosedWayne County, IowaFinancial Supplies Purchased from Corydon State Bank · Jan 6, 2026$196.4Seymour Community School District, IowaDistrict Designates Corydon State Bank as Depository · Dec 15, 2025UndisclosedCity of Corydon, IowaSweeper loan debt service payment to Corydon State Bank approved · Sep 10, 2025$44.6KCity of Corydon, IowaCity Approves Higher-Yield Investments at Corydon State Bank · Sep 10, 2025UndisclosedAll Corydon State Bank contractsVendor profile

More City of Corydon contracts

Iamo Truck & Trailer LLCFire Department Tire Purchase Approved · Oct 14, 2026$4.8KHall Engineering CoWater System Improvement Engineering Payment · Oct 14, 2026$15.1KAtlantic Coca-cola Bot TliCity Shop Supply Payment Approved · Oct 14, 2026$371.8HY-VEEFire Department Bottled Water Purchase · Oct 14, 2026$159.1WASH-ECLAIRWindow Cleaning Payment Approved · Oct 14, 2026$22All City of Corydon activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Corydon?

Corydon State Bank was awarded this financial services contract by City of Corydon, as recorded on September 16, 2025.

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_corydon_city_council_special_meeting_minut.pdf (Minutes), dated September 16, 2025 from City of Corydon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Corydon State Bank hold?

Corydon State 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 Corydon currently buying?

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

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