City of Asheboro Awards Financial Services Contract to First Horizon Bank (August 2026)

The Asheboro City Council approved a resolution entering into vehicle installment financing with First Horizon Bank to fund municipal vehicle purchases. Specific loan terms and amounts are contained in the executed resolution on file with the city clerk.

Document date · August 6, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Standard vehicle installment financing arrangement; future renewals or additional financings would require separate council action.

Document type

Agenda

Source document

City of Asheboro Agenda 2026-08-06

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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 Asheboro?

First Horizon Bank was awarded this financial services contract by City of Asheboro, as recorded on August 6, 2026.

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 Asheboro Agenda 2026-08-06 (Agenda), dated August 6, 2026 from City of Asheboro. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Horizon Bank hold?

First Horizon 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 First Horizon Bank's profile

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