Fannin County Awards Financial Services Contract to Ally Bank (May 2026)
Fannin CountyCounty · TX- Disclosed value
- $697,750.00 financed; Total Payments: $192,493.61 annually; Total Interest: $72,224.44; End of Lease Purchase Option: $1 per unit
- From agreement
- Approved
- May 14, 2026
The 30-second brief
Fannin County’s municipal lease-purchase agreement also designates Ally Bank as a Lessor for certain vehicles under the $697,750 fleet financing package. Ally Bank shares in the four-year, 6.99% APR structure with a $1-per-unit purchase option.
Ally Bank holds this financial services contract with Fannin County. Its other public contracts on record include work for Nipomo Community Services District and June Lake Fire Protection District.
Term as filed: 4 annual payments at 6.99% APR; first payment $192,493.61 due upon delivery; term labeled “4.Annual”.
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Contract details
- Contract type
- Financial Services
- Amount
- $697,750.00 financed; Total Payments: $192,493.61 annually; Total Interest: $72,224.44; End of Lease Purchase Option: $1 per unit
- Document date
- May 14, 2026
- Term
- 4 annual payments at 6.99% APR; first payment $192,493.61 due upon delivery; term labeled “4.Annual”
- Vendor
- Ally Bank
- Agency
- Fannin County
- Source document
- Fannin County Municipal Lease-Purchase Agreement 2026-05-14 (Agreement)
Ally Bank's other public contracts
More Fannin County contracts
Questions about this contract
Who was awarded the financial services contract by Fannin County?
Ally Bank was awarded this financial services contract by Fannin County, as recorded on May 14, 2026. The contract value is $697,750.00 financed; Total Payments: $192,493.61 annually; Total Interest: $72,224.44; End of Lease Purchase Option: $1 per unit.
How much is the Ally Bank contract with Fannin County worth?
The Ally Bank contract with Fannin County is valued at $697,750.00 financed; Total Payments: $192,493.61 annually; Total Interest: $72,224.44; End of Lease Purchase Option: $1 per unit, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agreement record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Fannin County Municipal Lease-Purchase Agreement 2026-05-14 (Agreement), dated May 14, 2026 from Fannin County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Ally Bank hold?
Ally 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 Fannin County currently buying?
Explore Fannin County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.