Pinnacle Synovus Recommended for Banking Contract

Newnan staff recommended Pinnacle/Synovus Bank for the City's banking services contract following a competitive RFP and oral interviews. The proposal provides six months of waived fees, a 2.00% earnings credit rate, interest on excess balances and account-supplies credits, but the agenda did not state a contract term or award amount.

Document date · September 8, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

The recommendation states that the earnings credit rate and line-item fee pricing would remain fixed or guaranteed for the life of the initial contract; no renewal options or end date were stated.

Document type

AgendaPacket

Source document

Newnan AgendaPacket 2026-09-08

Frequently asked questions

Common questions about this contract, answered from the record.

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

Pinnacle/synovus Bank was awarded this financial services contract by City of Newnan, as recorded on September 8, 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 Newnan AgendaPacket 2026-09-08 (AgendaPacket), dated September 8, 2026 from City of Newnan. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pinnacle/synovus Bank hold?

Pinnacle/synovus 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.

View Pinnacle/synovus Bank's profile

What is City of Newnan currently buying?

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

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