CONTRACTAPPROVED

City of Cullman Awards $2,500,000 Financial Services Contract to Peoples Bank of Alabama (December 2025)

Disclosed value: $2,500,000.00; From agendapacket
Approved: Dec 8, 2025

What it covers

The Cullman City Council approved Resolution 2026-42 authorizing the Mayor to secure a $2,500,000 loan from Peoples Bank of Alabama to fund airport improvements and related property acquisitions. The Mayor is empowered to execute all necessary loan documents and assurances.

Who holds it

Peoples Bank of Alabama holds this financial services contract with City of Cullman. Its other public contracts on record include work for City of Boaz and City of Tarrant.

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Contract details

Contract type: Financial Services
Amount: $2,500,000.00
Document date: December 8, 2025
Vendor: Peoples Bank of Alabama
Agency: City of Cullman
Source document: City of Cullman Agenda Packet 2025-12-08 (AgendaPacket)

Peoples Bank of Alabama's other public contracts

City of Boaz, AlabamaBoaz Moves Special Revenue Accounts to Peoples Bank · Sep 28, 2026Undisclosed City of Boaz, AlabamaBoaz Plans Banking Services Transfer to Peoples Bank · Sep 14, 2026Undisclosed City of Boaz, AlabamaPeoples Bank of Alabama Confirmed as City Depository · Nov 3, 2025Undisclosed City of Tarrant, AlabamaRenewal loan approved with People's Bank of Alabama · Jul 21, 2025Undisclosed City of Tarrant, AlabamaCity of Tarrant take loan from Peoples Bank · Jul 21, 2025$59.2K All Peoples Bank of Alabama contractsVendor profile

More City of Cullman contracts

Goodwyn, Mills & CawoodCullman Considers Strategic Planning Contract with Goodwyn Mills · Oct 16, 2026Undisclosed Goodwyn, Mills & CawoodCullman Plans Strategic Planning Contract with Goodwyn Mills · Oct 16, 2026Undisclosed Safety Holdings IncCullman Considers Safety Holdings Driver Reporting Agreement · Oct 1, 2026Undisclosed Long Lewis AutomotiveCullman Proposes $63,079 Crew Cab Truck Award · Oct 1, 2026$63.1K First National BankCullman Considers Highway 278 Agreement With First National Bank · Oct 1, 2026Undisclosed All City of Cullman activityAgency profile

Questions about this contract

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

Peoples Bank of Alabama was awarded this financial services contract by City of Cullman, as recorded on December 8, 2025. The contract value is $2,500,000.00.

How much is the Peoples Bank of Alabama contract with City of Cullman worth?

The Peoples Bank of Alabama contract with City of Cullman is valued at $2,500,000.00, covering financial services work.

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 City of Cullman Agenda Packet 2025-12-08 (AgendaPacket), dated December 8, 2025 from City of Cullman. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Peoples Bank of Alabama hold?

Peoples Bank of Alabama 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 Cullman currently buying?

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

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