City of Henderson Awards Financial Services Contract to Farmers Bank & Trust (August 2026)

The City of Henderson selected Farmers Bank & Trust for its primary banking services after an RFP process, choosing a proposal that pays interest at 35 basis points above the high end of the Federal Funds Target Rate. The agreement runs for three years with options for two additional one-year extensions.

Document date · August 25, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

3 years with two optional 1-year extensions

Renewal

Initial 3-year banking services term with two optional one-year extensions, exercisable upon mutual agreement of the City and Farmers Bank & Trust.

Document type

AgendaPacket

Source document

City of Henderson Board of Commissioners Agenda Packet 2026-08-25

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Farmers Bank & Trust was awarded this financial services contract by City of Henderson, as recorded on August 25, 2026.

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 Henderson Board of Commissioners Agenda Packet 2026-08-25 (AgendaPacket), dated August 25, 2026 from City of Henderson. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Farmers Bank & Trust hold?

Farmers Bank & Trust may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Farmers Bank & Trust's profile

What is City of Henderson currently buying?

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

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