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Cadence Bank Final Bond Payment and Credit Discussed

City of Palmetto logoCity of Palmetto
Disclosed value
$580,286.87
From minutes
Document date
Jul 7, 2025

The 30-second brief

What it covers

Cadence Bank informed the City of Palmetto that its final bond payment of $580,286.87 is due after correcting an amortization error that produced a $17,000 credit. The bank will waive penalties so long as the city remits payment by the end of the week following the July 1, 2025 due date.

Who holds it

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

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Contract details

Contract type
Financial Services
Amount
$580,286.87
Document date
July 7, 2025
Vendor
Cadence Bank
Agency
City of Palmetto
Source document
the_city_of_palmetto_work_session_minutes_july_7_2.pdf (Minutes)

Cadence Bank's other public contracts

Houston County, TexasHouston County Mack Truck Leases Continue With Cadence Bank · Sep 22, 2026Harrison County, TexasCounty dump truck lease with Cadence Bank · Sep 17, 2026$720.2KSalado village, TexasCadence Bank Receives Village Credit Card Payment · Sep 3, 2026$6.2KBellville Independent School District, TexasBellville ISD Continues Cadence Bank Depository Relationship · Sep 1, 2026City of Keiser, ArkansasKeiser Changes Municipal Banking Relationship from Cadence · Aug 17, 2026UndisclosedAll Cadence Bank contractsVendor profile

More City of Palmetto contracts

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Questions about this contract

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

Cadence Bank was awarded this financial services contract by City of Palmetto, as recorded on July 7, 2025. The contract value is $580,286.87.

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

The Cadence Bank contract with City of Palmetto is valued at $580,286.87, 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 the_city_of_palmetto_work_session_minutes_july_7_2.pdf (Minutes), dated July 7, 2025 from City of Palmetto. 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 Palmetto currently buying?

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

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