CONTRACTAPPROVED

City of Winchester Awards Financial Services Contract to Farmers State Bank (September 2026)

City of Winchester
Disclosed value
9 months at 3.8% for both CDs
From minutes
Approved
Sep 2, 2026
Term
9 months
Renews
Free account

The 30-second brief

What it covers

Winchester City Council approved placing two maturing certificates of deposit with Farmers State Bank for nine months at a 3.8% interest rate. The CDs cover the TIF fund and Milliken library funds.

Who holds it

Farmers State Bank holds this financial services contract with City of Winchester. Its other public contracts on record include work for City of La Porte and Des Moines Area Community College.

What happens next

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Contract details

Contract type
Financial Services
Amount
9 months at 3.8% for both CDs
Document date
September 2, 2026
Term
9 months
Renews
On record
Source document
Winchester City Council Minutes Regular Meeting 2026-09-02 (Minutes)

Farmers State Bank's other public contracts

More City of Winchester contracts

Questions about this contract

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

Farmers State Bank was awarded this financial services contract by City of Winchester, as recorded on September 2, 2026. The contract value is 9 months at 3.8% for both CDs.

How much is the Farmers State Bank contract with City of Winchester worth?

The Farmers State Bank contract with City of Winchester is valued at 9 months at 3.8% for both CDs, 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 Winchester City Council Minutes Regular Meeting 2026-09-02 (Minutes), dated September 2, 2026 from City of Winchester. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Farmers State Bank hold?

Farmers 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 Winchester currently buying?

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

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