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Waterloo Local Schools Awards Line Of Credit Contract to Farmers State Bank (February 2025)

Waterloo Local Schools
Disclosed value
$10 million
From meeting minutes
Approved
Feb 24, 2025

The 30-second brief

What it covers

Farmers State Bank has approved a $10 million line of credit for Waterloo Local Schools to support short-term cash flow management.

Who holds it

Farmers State Bank holds this line of credit contract with Waterloo Local Schools. Its other public contracts on record include work for Des Moines Area Community College and Iowa Finance Authority.

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Contract details

Contract type
Line Of Credit
Amount
$10 million
Document date
February 24, 2025
Term
NA
Vendor
Farmers State Bank
Agency
Waterloo Local Schools
Source document
waterloo-local-schoolsmeeting-minutes2025-02-24_6e1.pdf (Meeting Minutes)

Farmers State Bank's other public contracts

Des Moines Area Community College, IowaDMACC Reports Farmers State Bank Account · Oct 11, 2026$6MIowa Finance Authority, IowaAgricultural Revenue Bond Sold to Farmers State Bank · Oct 7, 2026$300KIowa Finance Authority, IowaFarmers State Bank Purchases Agricultural Bond · Oct 6, 2026$300KIowa Finance Authority, IowaFarmers State Bank Receives Loan Participation Approval · Oct 6, 2026$200KIowa Finance Authority, IowaAgricultural Loan Issuance Proposed With Farmers State Bank · Sep 25, 2026$300KAll Farmers State Bank contractsVendor profile

More Waterloo Local Schools contracts

Bricker Graydon Wyatt LLPWaterloo Recommends Bricker Graydon Wyatt Agreement · Oct 8, 2026UndisclosedShared Services Alliance (Ssa)Waterloo Recommends Shared Services Alliance Agreement · Oct 8, 2026UndisclosedDRAGONFLYWaterloo Recommends $10,000 DragonFly Expenditure · Oct 8, 2026Portage Learning Center & Waterloo School SfaMeals and Snacks Contract Approved · Sep 10, 2026UndisclosedSummit EscSummit ESC Resident Educator Services Approved · Sep 10, 2026UndisclosedAll Waterloo Local Schools activityAgency profile

Questions about this contract

Who was awarded the line of credit contract by Waterloo Local Schools?

Farmers State Bank was awarded this line of credit contract by Waterloo Local Schools, as recorded on February 24, 2025. The contract value is $10 million.

How much is the Farmers State Bank contract with Waterloo Local Schools worth?

The Farmers State Bank contract with Waterloo Local Schools is valued at $10 million, covering line of credit work.

What type of contract is this?

This is a Line Of Credit contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in waterloo-local-schoolsmeeting-minutes2025-02-24_6e1.pdf (Meeting Minutes), dated February 24, 2025 from Waterloo Local Schools. 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 Waterloo Local Schools currently buying?

Explore Waterloo Local Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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