CONTRACTAPPROVED

City of Eufaula Awards Financial Services Contract to Trustmark National Bank (September 2026)

City of Eufaula logoCity of Eufaula
Disclosed value
Up to $7,700,000 principal; $200.00 document processing fee
From minutes
Approved
Sep 15, 2026

The 30-second brief

What it covers

The Eufaula City Council approved financing with Trustmark National Bank for the Health Care Authority and Medical Center of Barbour. The authorized loan may total up to $7.7 million, carry a maturity of no more than six years from consummation, and fund refinancing, hospital renovations, capital costs, and working capital.

Who holds it

Trustmark National Bank holds this financial services contract with City of Eufaula. Its other public contracts on record include work for City of Huntsville and Fort Bend County Mud 131.

What happens next

Term as filed: Maturity no later than six years from loan consummation; term sheet includes a one-year draw-down period and amortization provisions.

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Contract details

Contract type
Financial Services
Amount
Up to $7,700,000 principal; $200.00 document processing fee
Document date
September 15, 2026
Term
Maturity no later than six years from loan consummation; term sheet includes a one-year draw-down period and amortization provisions
Source document
City of Eufaula Minutes Regular Meeting 2026-09-15 (Minutes)

Trustmark National Bank's other public contracts

More City of Eufaula contracts

Questions about this contract

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

Trustmark National Bank was awarded this financial services contract by City of Eufaula, as recorded on September 15, 2026. The contract value is Up to $7,700,000 principal; $200.00 document processing fee.

How much is the Trustmark National Bank contract with City of Eufaula worth?

The Trustmark National Bank contract with City of Eufaula is valued at Up to $7,700,000 principal; $200.00 document processing fee, 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 City of Eufaula Minutes Regular Meeting 2026-09-15 (Minutes), dated September 15, 2026 from City of Eufaula. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Trustmark National Bank hold?

Trustmark National 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 Eufaula currently buying?

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

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