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Arthur State Bank’s no-penalty lease bid not chosen

City of Mauldin logoCity of Mauldin
Document date
Aug 3, 2026

The 30-second brief

What it covers

Arthur State Bank offered lease-purchase financing for Mauldin’s FY2027 vehicles and equipment with no prepayment penalty but rates up to 4.95%. The City declined the offer in favor of SouthState Bank’s lower-rate bid.

Who holds it

Arthur State Bank holds this financial services contract with City of Mauldin. Its other public contracts on record include work for South Spartanburg Fire District and Roebuck Fire District.

What happens next

Term as filed: Proposed 5-year, 7-year, and 10-year terms at fixed rates (5-year 4.500%, 7-year 4.750%, 10-year 4.950%) with no prepayment penalty.

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Contract details

Contract type
Financial Services
Document date
August 3, 2026
Term
Proposed 5-year, 7-year, and 10-year terms at fixed rates (5-year 4.500%, 7-year 4.750%, 10-year 4.950%) with no prepayment penalty
Vendor
Arthur State Bank
Agency
City of Mauldin
Source document
City of Mauldin Finance and Policy Committee Agenda Packet 2026-08-03 (AgendaPacket)

Arthur State Bank's other public contracts

South Spartanburg Fire District, South CarolinaRoebuck Fire District Financial Report References Arthur State Bank · Sep 14, 2026UndisclosedRoebuck Fire District, South CarolinaArthur State Bank Maintains District Funds Account · May 5, 2026Roebuck Fire District, South CarolinaArthur State Bank reports $3M+ balance · Nov 4, 2025$3MRoebuck Fire District, South CarolinaFire district reports $3.5M balance at bank · Sep 9, 2025$3.6MSouth Greenville Fire District, South CarolinaDistrict to Cancel Arthur State Bank Credit Cards · Sep 8, 2025All Arthur State Bank contractsVendor profile

More City of Mauldin contracts

Kemet Electronics CorporationKemet Property Sale Tied to Mauldin Annexation · Oct 16, 2026UndisclosedPk U.S.A. IncPK U.S.A. Plans $30 Million Manufacturing Investment · Oct 16, 2026385 Exchange LLC385 Exchange Plans Industrial Flex Development · Oct 16, 2026UndisclosedAlexrules LLCAnnexation Tied to ALEXRULES Property Sale · Oct 16, 2026Undisclosed385 Exchange LLC385 Exchange Property Purchase Tied to Annexation · Oct 5, 2026UndisclosedAll City of Mauldin activityAgency profile

Questions about this contract

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

Arthur State Bank was awarded this financial services contract by City of Mauldin, as recorded on August 3, 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 Mauldin Finance and Policy Committee Agenda Packet 2026-08-03 (AgendaPacket), dated August 3, 2026 from City of Mauldin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Arthur State Bank hold?

Arthur State 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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