CONTRACTAPPROVED

City of Fayetteville Awards Financial Services Contract to Bank of Fayetteville (July 2026)

Disclosed value: $2.5 million in five CDs of $500,000 each and $1 million money market deposit; From agendapacket
Approved: Jul 26, 2026

What it covers

The Fayetteville Advertising and Promotion Commission approved moving $3.5 million in surplus operating funds into laddered certificates of deposit and a money market account with Bank of Fayetteville to optimize interest earnings. Staff will coordinate setup of the new investment accounts and transition funds over the coming months.

Who holds it

Bank of Fayetteville holds this financial services contract with City of Fayetteville. Its other public contracts on record include work for Town of Goshen and Prairie Grove School District.

Hear about the next contract at City of Fayetteville early.

Get pre-RFP alerts free

Free account · 30-second setup · No credit card

Prefer ChatGPT or Claude? Ask Civic IQ about this contract →

Contract details

Contract type: Financial Services
Amount: $2.5 million in five CDs of $500,000 each and $1 million money market deposit
Document date: July 26, 2026
Vendor: Bank of Fayetteville
Agency: City of Fayetteville
Source document: Fayetteville Advertising and Promotion Commission Agenda Packet 2026-07-27 (AgendaPacket)

Bank of Fayetteville's other public contracts

City of Fayetteville, ArkansasCommission Opens Operating Account at Bank of Fayetteville · Aug 24, 2026Undisclosed City of Fayetteville, ArkansasNew Operating Account Requested At Bank Of Fayetteville · Jul 26, 2026Undisclosed Town of Goshen, ArkansasGoshen Renews Certificates of Deposit With Bank · May 12, 2026Undisclosed Prairie Grove School District, ArkansasBank of Fayetteville Provides Employee Recognition Gifts · Feb 17, 2026Undisclosed All Bank of Fayetteville contractsVendor profile

More City of Fayetteville contracts

Galls LLCGalls awarded Sourcewell contract for public safety uniforms · Mar 25, 2028Undisclosed Galls LLCFayetteville approves fire department uniform purchase from Galls · Mar 25, 2028Undisclosed Galls LLCGalls awarded Sourcewell contract for public safety uniforms · Mar 25, 2028Undisclosed Galls LLCFire department uniforms purchase approved from Galls · Mar 25, 2028Undisclosed FAYETTEVILLEFayetteville seeks $60k SCEI grant for housing program. · Dec 31, 2027$60K All City of Fayetteville activityAgency profile

Questions about this contract

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

Bank of Fayetteville was awarded this financial services contract by City of Fayetteville, as recorded on July 26, 2026. The contract value is $2.5 million in five CDs of $500,000 each and $1 million money market deposit.

How much is the Bank of Fayetteville contract with City of Fayetteville worth?

The Bank of Fayetteville contract with City of Fayetteville is valued at $2.5 million in five CDs of $500,000 each and $1 million money market deposit, 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 Fayetteville Advertising and Promotion Commission Agenda Packet 2026-07-27 (AgendaPacket), dated July 26, 2026 from City of Fayetteville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Bank of Fayetteville hold?

Bank of Fayetteville 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 Fayetteville currently buying?

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

Work in government? Get Civic IQ free →

More City of Fayetteville contracts →Browse all agencies in Arkansas →