CONTRACTREJECTED

CCU Rejects Arkansas Federal Credit Union CD Bid

Document date: Sep 28, 2026

What it covers

Clarksville Connected Utilities did not select Arkansas Federal Credit Union for certificate-of-deposit renewal despite its highest interest-rate bid. The Commission determined that the credit union was ineligible because it lacked FDIC insurance required for public funds.

Who holds it

Arkansas Federal Credit Union holds this financial services contract with City of Clarksville. Its other public contracts on record include work for Clarksville Connected Utilities and City of Springdale.

What happens next

Term as filed: 12-month certificate-of-deposit bid for renewal scheduled August 26, 2026.

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Contract details

Contract type: Financial Services
Document date: September 28, 2026
Term: 12-month certificate-of-deposit bid for renewal scheduled August 26, 2026
Vendor: Arkansas Federal Credit Union
Agency: City of Clarksville
Source document: Clarksville Connected Utilities Agenda Packet 2026-09-28 (AgendaPacket)

Arkansas Federal Credit Union's other public contracts

Clarksville Connected Utilities, ArkansasArkansas Federal Credit Union CD Bid Rejected · Oct 26, 2026Undisclosed Clarksville Connected Utilities, ArkansasArkansas Federal Credit Union Bid Deemed Ineligible · Sep 28, 2026Undisclosed All Arkansas Federal Credit Union contractsVendor profile

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Questions about this contract

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

Arkansas Federal Credit Union was awarded this financial services contract by City of Clarksville, as recorded on September 28, 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 Clarksville Connected Utilities Agenda Packet 2026-09-28 (AgendaPacket), dated September 28, 2026 from City of Clarksville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Arkansas Federal Credit Union hold?

Arkansas Federal Credit Union 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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