City of Schofield Awards Financial Services Contract to Intercity State Bank (October 2026)
City of SchofieldCity · WI- Disclosed value
- Not to exceed $700,000
- From agendapacket
- Approved
- Oct 12, 2026
- Renews
- Free account
The 30-second brief
The City of Schofield authorized Intercity State Bank to provide a taxable revolving general obligation line of credit of up to $700,000. The facility will finance capital improvement projects, including property purchase, at a fixed 5.5% annual interest rate, with repayment stated as due by October 13, 2027.
Intercity State Bank holds this financial services contract with City of Schofield. Its other public contracts on record include work for D.C. Everest Area School District.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $700,000
- Document date
- October 12, 2026
- Term
- Revolving line of credit; repayment in full by October 13, 2027; fixed interest rate of 5.5% per annum
- Renews
- On record
- Vendor
- Intercity State Bank
- Agency
- City of Schofield
- Source document
- City of Schofield AgendaPacket Finance/Economic Redevelopment Committee Meeting 2026-10-12 (AgendaPacket)
Intercity State Bank's other public contracts
More City of Schofield contracts
Questions about this contract
Who was awarded the financial services contract by City of Schofield?
Intercity State Bank was awarded this financial services contract by City of Schofield, as recorded on October 12, 2026. The contract value is Not to exceed $700,000.
How much is the Intercity State Bank contract with City of Schofield worth?
The Intercity State Bank contract with City of Schofield is valued at Not to exceed $700,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Schofield AgendaPacket Finance/Economic Redevelopment Committee Meeting 2026-10-12 (AgendaPacket), dated October 12, 2026 from City of Schofield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Intercity State Bank hold?
Intercity 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.
What is City of Schofield currently buying?
Explore City of Schofield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.