City Ends Government Banking At Five Star Credit Union

Lumpkin officials acknowledged that Five Star Credit Union is unable to hold government funds under federal regulations. The council subsequently voted to relocate city checking and savings accounts to a different institution.

Document date · November 12, 2024

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Document type

Meeting Minutes

Source document

city-of-lumpkin-meeting-minutes-2024-11-12_12b.pdf

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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 Lumpkin?

Five Star Credit Union was awarded this financial services contract by City of Lumpkin, as recorded on November 12, 2024.

What type of contract is this?

This is a Financial Services contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-lumpkin-meeting-minutes-2024-11-12_12b.pdf (Meeting Minutes), dated November 12, 2024 from City of Lumpkin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Five Star Credit Union hold?

Five Star Credit Union 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 Five Star Credit Union's profile

What is City of Lumpkin currently buying?

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