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Iowa Arts Council | State of Iowa Awards $265,000 Financial Services Contract to Fairfax State Savings Bank (July 2026)

Iowa Arts Council | State of Iowa
Disclosed value
$265,000
From minutes
Approved
Jul 30, 2026
Term
30 years
Renews
Free account

The 30-second brief

What it covers

The Iowa Agricultural Development Division approved a $265,000 Beginning Farmer Loan Program application involving Fairfax State Savings Bank. The 30-year loan will support the purchase of approximately 53.48 acres of agricultural land in Linn County at a 4.55% variable interest rate.

Who holds it

Fairfax State Savings Bank holds this financial services contract with Iowa Arts Council | State of Iowa. Its other public contracts on record include work for City of Fairfax and Iowa Finance Authority.

What happens next

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Contract details

Contract type
Financial Services
Amount
$265,000
Document date
July 30, 2026
Term
30 years
Renews
On record
Vendor
Fairfax State Savings Bank
Agency
Iowa Arts Council | State of Iowa
Source document
Iowa Finance Authority Minutes Board Meeting 2026-07-30 (Minutes)

Fairfax State Savings Bank's other public contracts

City of Fairfax, IowaFairfax State Savings Bank Receives Service Fee · Nov 7, 2026$25Iowa Finance Authority, IowaIFA Approves Agricultural Bond for Fairfax Bank · Aug 5, 2026$265KAll Fairfax State Savings Bank contractsVendor profile

More Iowa Arts Council | State of Iowa contracts

Begle, Eric P.Eric Begle Receives $200,000 Farm Bond · Nov 4, 2026$200KFirst Citizens BankFirst Citizens Bank Purchases $280,000 Farm Bond · Nov 4, 2026$280KLuana Savings BankLuana Savings Bank Purchases $682,700 Farm Bond · Nov 4, 2026$682.7KRoosevelt Housing Partners LPBoard Forgives Roosevelt Housing Partners HOME Loan · Nov 4, 2026UndisclosedReadlyn Savings BankReadlyn Savings Bank Purchases $522,000 Farm Bond · Nov 4, 2026$522KAll Iowa Arts Council | State of Iowa activityAgency profile

Questions about this contract

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

Fairfax State Savings Bank was awarded this financial services contract by Iowa Arts Council | State of Iowa, as recorded on July 30, 2026. The contract value is $265,000.

How much is the Fairfax State Savings Bank contract with Iowa Arts Council | State of Iowa worth?

The Fairfax State Savings Bank contract with Iowa Arts Council | State of Iowa is valued at $265,000, 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 Iowa Finance Authority Minutes Board Meeting 2026-07-30 (Minutes), dated July 30, 2026 from Iowa Arts Council | State of Iowa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Fairfax State Savings Bank hold?

Fairfax State 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.

What is Iowa Arts Council | State of Iowa currently buying?

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

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