CONTRACTAPPROVED

City Of Muscatine Electric and Water Board Awards Financial Services Contract to Community Bank & Trust (July 2026)

City Of Muscatine Electric and Water Board
Disclosed value
Up to $20,000,000 deposited without further Board approval
From minutes
Approved
Jul 28, 2026
Term
Effective August 1, 2026

The 30-second brief

What it covers

Muscatine Power and Water approved Community Bank and Trust as a depository for public funds. The arrangement takes effect August 1, 2026, with deposits capped at $20 million without further Board approval.

Who holds it

Community Bank & Trust holds this financial services contract with City Of Muscatine Electric and Water Board. Its other public contracts on record include work for City of Carl Junction and Cedar Falls Community School District.

What happens next

Term as filed: Effective August 1, 2026.

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Contract details

Contract type
Financial Services
Amount
Up to $20,000,000 deposited without further Board approval
Document date
July 28, 2026
Term
Effective August 1, 2026
Vendor
Community Bank & Trust
Source document
Muscatine Power and Water Minutes Regular Board Meeting July 28, 2026 (Minutes)

Community Bank & Trust's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City Of Muscatine Electric and Water Board?

Community Bank & Trust was awarded this financial services contract by City Of Muscatine Electric and Water Board, as recorded on July 28, 2026. The contract value is Up to $20,000,000 deposited without further Board approval.

How much is the Community Bank & Trust contract with City Of Muscatine Electric and Water Board worth?

The Community Bank & Trust contract with City Of Muscatine Electric and Water Board is valued at Up to $20,000,000 deposited without further Board approval, covering financial services work.

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 Muscatine Power and Water Minutes Regular Board Meeting July 28, 2026 (Minutes), dated July 28, 2026 from City Of Muscatine Electric and Water Board. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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