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City Renews 12-Month CD with First Commerce Bank

City of Fayetteville logoCity of Fayetteville
Document date
Jun 9, 2026
Term
12 months

The 30-second brief

What it covers

The City of Fayetteville Board of Mayor and Aldermen approved renewal of a certificate of deposit with First Commerce Bank at a 3.5% interest rate for a 12‑month term. The action maintains the City's investment with the bank under the same instrument for another year.

Who holds it

First Commerce Bank holds this financial services contract with City of Fayetteville. Its other public contracts on record include work for Valley View CUSD 365U and Township of Lakewood.

What happens next

Term as filed: 12 months.

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Contract details

Contract type
Financial Services
Document date
June 9, 2026
Term
12 months
Vendor
First Commerce Bank
Agency
City of Fayetteville
Source document
City of Fayetteville Board of Mayor and Aldermen Minutes 2026-06-09 (Minutes)

First Commerce Bank's other public contracts

Valley View CUSD 365U, IllinoisDistrict CDARS Deposit at First Commerce Bank · May 11, 2026Valley View CUSD 365U, IllinoisFirst Commerce Bank CDARS Certificate · Apr 13, 2026$243.5KTownship of Lakewood, New JerseyPerformance Guarantee Funds Released via First Commerce Bank · Mar 12, 2026$31.4KCity of Fayetteville, TennesseeCity Transfers CD to First Commerce Bank · Mar 10, 2026UndisclosedValley View CUSD 365U, IllinoisFirst Commerce Bank CDARS investment · Mar 9, 2026All First Commerce Bank contractsVendor profile

More City of Fayetteville contracts

Sain ConstructionFayetteville Awards Pocket Park Bid to Sain Construction · Sep 8, 2026$108.8KBrycer Fire Compliance & Life Safety ComplianceFayetteville Approves No-Cost Brycer Fire Compliance Partnership · Sep 8, 2026UndisclosedCurrent ElectricBackup Generator Purchase Approved for Fire Station 2 · Aug 11, 2026$25KCb&s BankCity Approves Six-Month CD with CB&S Bank · Aug 11, 2026$150KRusty Oak ArmoryPolice rifle bid awarded to Rusty Oak Armory · Jul 14, 2026UndisclosedAll City of Fayetteville activityAgency profile

Questions about this contract

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

First Commerce Bank was awarded this financial services contract by City of Fayetteville, as recorded on June 9, 2026.

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 Fayetteville Board of Mayor and Aldermen Minutes 2026-06-09 (Minutes), dated June 9, 2026 from City of Fayetteville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Commerce Bank hold?

First Commerce 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.

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What is City of Fayetteville currently buying?

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

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