City of Vanceburg Awards Financial Services Contract to First Guaranty Bank (December 2025)
City of VanceburgCity · KY- Disclosed value
- $500,000.00 CD at 3.9% for 12 months
- From minutes
- Approved
- Dec 1, 2025
- Term
- 12 months at 3.9% interest
The 30-second brief
The Vanceburg City Council approved transferring a $500,000 certificate of deposit from Pinnacle Bank to First Guaranty Bank at 3.9% for 12 months, while allocating $48,954.07 to a downtown beautification account. This action restructures the city’s investments and earmarks funds for future downtown improvements.
First Guaranty Bank holds this financial services contract with City of Vanceburg. Its other public contracts on record include work for Claiborne Parish Watershed District and City of Watauga.
Term as filed: 12 months at 3.9% interest.
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Contract details
- Contract type
- Financial Services
- Amount
- $500,000.00 CD at 3.9% for 12 months
- Document date
- December 1, 2025
- Term
- 12 months at 3.9% interest
- Vendor
- First Guaranty Bank
- Agency
- City of Vanceburg
- Source document
- vanceburg_city_council_minutes_december_1_2025.pdf (Minutes)
First Guaranty Bank's other public contracts
More City of Vanceburg contracts
Questions about this contract
Who was awarded the financial services contract by City of Vanceburg?
First Guaranty Bank was awarded this financial services contract by City of Vanceburg, as recorded on December 1, 2025. The contract value is $500,000.00 CD at 3.9% for 12 months.
How much is the First Guaranty Bank contract with City of Vanceburg worth?
The First Guaranty Bank contract with City of Vanceburg is valued at $500,000.00 CD at 3.9% for 12 months, 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 vanceburg_city_council_minutes_december_1_2025.pdf (Minutes), dated December 1, 2025 from City of Vanceburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First Guaranty Bank hold?
First Guaranty 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 Vanceburg currently buying?
Explore City of Vanceburg's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.