CONTRACTAPPROVED

City of Nashville Awards $300,000 Financial Services Contract to Diamond Bank (March 2026)

City of Nashville logoCity of Nashville
Disclosed value
$300,000.00
From minutes
Approved
Mar 23, 2026
Term
6 months

The 30-second brief

What it covers

Nashville City Council approved placing $300,000 of Water & Sewer Capital Reserve funds into a six‑month certificate of deposit with Diamond Bank at 3.94% interest. The investment is intended to boost earnings on reserves set aside for a twelve million dollar loan.

Who holds it

Diamond Bank holds this financial services contract with City of Nashville. Its other public contracts on record include work for Blevins School District and Cossatot Community College Of The University Of Arkansas.

What happens next

Term as filed: 6 months.

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Contract details

Contract type
Financial Services
Amount
$300,000.00
Document date
March 23, 2026
Term
6 months
Source document
City of Nashville Council Meeting Minutes March 2026 (Minutes)

Diamond Bank's other public contracts

More City of Nashville contracts

Questions about this contract

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

Diamond Bank was awarded this financial services contract by City of Nashville, as recorded on March 23, 2026. The contract value is $300,000.00.

How much is the Diamond Bank contract with City of Nashville worth?

The Diamond Bank contract with City of Nashville is valued at $300,000.00, 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 City of Nashville Council Meeting Minutes March 2026 (Minutes), dated March 23, 2026 from City of Nashville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Diamond Bank hold?

Diamond 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 Nashville currently buying?

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

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