Iowa Arts Council Awards $175,019 Financial Services Contract to Community Savings Bank (September 2026)

The Iowa Finance Authority approved a Loan Participation Program transaction involving Community Savings Bank for $175,018.50. The financing supports Nicole A. Engelken’s purchase of approximately 40 acres of agricultural land.

Document date · September 8, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$175,018.50

Contract type

FINANCIAL_SERVICES

Contract term

10-year balloon with 20-year amortization under the Loan Participation Program

Renewal

Loan Participation Program terms describe a 10-year balloon with 20-year amortization on land.

Document type

AgendaPacket

Source document

Iowa Finance Authority AgendaPacket Board Meeting September 8, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Iowa Arts Council?

Community Savings Bank was awarded this financial services contract by Iowa Arts Council, as recorded on September 8, 2026. The contract value is $175,018.50.

How much is the Community Savings Bank contract with Iowa Arts Council worth?

The Community Savings Bank contract with Iowa Arts Council is valued at $175,018.50, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Iowa Finance Authority AgendaPacket Board Meeting September 8, 2026 (AgendaPacket), dated September 8, 2026 from Iowa Arts Council. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community Savings Bank hold?

Community Savings 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.

View Community Savings Bank's profile

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Explore Iowa Arts Council's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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