CONTRACTREJECTED

Cadence Bank Standby LOC Fees Provided to City

City of Osceola
Disclosed value
Fee schedule only: 1.00%–1.50% per annum plus various flat fees
From resolution
Document date
Dec 15, 2025

The 30-second brief

What it covers

Cadence Bank supplied a fee schedule for secured and unsecured standby letters of credit, with annual fees ranging from 1.00% to 1.50% plus various transaction charges. The City of Osceola used this information in evaluating options but proceeded with a competing proposal from Cross Bank.

Who holds it

Cadence Bank holds this financial services contract with City of Osceola. Its other public contracts on record include work for Houston County and Harrison County.

What happens next

Term as filed: One year or less is a typical maturity (per bank).

See who signed off on this contract.

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Contract details

Contract type
Financial Services
Amount
Fee schedule only: 1.00%–1.50% per annum plus various flat fees
Document date
December 15, 2025
Term
One year or less is a typical maturity (per bank)
Source document
City of Osceola Resolution Authorizing the Issuance of an Irrevocable Letter of Credit 2025-12-15 (Resolution)

Cadence Bank's other public contracts

More City of Osceola contracts

Questions about this contract

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

Cadence Bank was awarded this financial services contract by City of Osceola, as recorded on December 15, 2025. The contract value is Fee schedule only: 1.00%–1.50% per annum plus various flat fees.

How much is the Cadence Bank contract with City of Osceola worth?

The Cadence Bank contract with City of Osceola is valued at Fee schedule only: 1.00%–1.50% per annum plus various flat fees, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in City of Osceola Resolution Authorizing the Issuance of an Irrevocable Letter of Credit 2025-12-15 (Resolution), dated December 15, 2025 from City of Osceola. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cadence Bank hold?

Cadence 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.

What is City of Osceola currently buying?

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

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