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City of Collins Awards $44,584 Financial Services Contract to Exchange State Bank (June 2025)

City of Collins logoCity of Collins
Disclosed value
$44,583.95
From minutes
Approved
Jun 12, 2025

The 30-second brief

What it covers

Collins entered into a $44,583.95 promissory note with Exchange State Bank to finance the purchase of a new Public Works pickup truck. The council approved the borrowing arrangement by roll call vote.

Who holds it

Exchange State Bank holds this financial services contract with City of Collins. Its other public contracts on record include work for City of Springville and City of Exira.

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Contract details

Contract type
Financial Services
Amount
$44,583.95
Document date
June 12, 2025
Vendor
Exchange State Bank
Agency
City of Collins
Source document
collins_city_council_regular_meeting_minutes_june.pdf (Minutes)

Exchange State Bank's other public contracts

City of Springville, IowaExchange State Bank Retained as Depository · Sep 8, 2026City of Collins, IowaBank Safety Deposit Fee Paid · Aug 13, 2026$12City of Exira, IowaCouncil to approve fire truck loan financing · Jul 12, 2026UndisclosedCity of Collins, GeorgiaTruck Loan Payment to Exchange State Bank Approved · Jul 9, 2026$13KAudubon County Memorial Hospital, IowaCD Reinvested After Maturity at Exchange State Bank · Jun 25, 2026$964.6KAll Exchange State Bank contractsVendor profile

More City of Collins contracts

Badger Meter IncBadger Meter April Fees Payment Approved · Jul 9, 2026$25.8Garbage GuysGarbage and Recycling Service Payment to Garbage Guys · Jul 9, 2026$3.8KIowa Finance AuthorityWater Mains SRF Loan Payment to Iowa Finance Authority · Jul 9, 2026$34.4KMid -american Research ChemicalShop Towels Purchase from Mid-American Research Chemical · Jul 9, 2026$84.3Cj Cooper & Associates IncDOT Compliance Service Payment to CJ Cooper · Jul 9, 2026$15All City of Collins activityAgency profile

Questions about this contract

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

Exchange State Bank was awarded this financial services contract by City of Collins, as recorded on June 12, 2025. The contract value is $44,583.95.

How much is the Exchange State Bank contract with City of Collins worth?

The Exchange State Bank contract with City of Collins is valued at $44,583.95, covering financial services work.

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 collins_city_council_regular_meeting_minutes_june.pdf (Minutes), dated June 12, 2025 from City of Collins. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Exchange State Bank hold?

Exchange 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.

What is City of Collins currently buying?

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

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