Iowa Arts Council | State of Iowa Awards Financial Services Contract to First Trust & Savings Bank (June 2026)
Iowa Arts Council | State of IowaState · Des Moines, IA- Disclosed value
- 682700
- From minutes
- Approved
- Jun 29, 2026
The 30-second brief
The Iowa Agricultural Development Division Board approved a Beginning Farmer Loan Program application financed through First Trust & Savings Bank. The $682,700 loan will support John C. Grant’s purchase of approximately 200 acres of agricultural land in Jackson County over a 40-year term.
First Trust & Savings Bank holds this financial services contract with Iowa Arts Council | State of Iowa. Its other public contracts on record include work for Iowa Arts Council and Iowa Finance Authority.
Term as filed: 40 years; 4.45% variable interest rate, fixed for five years, then 66.00% of WSJ Prime.
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Contract details
- Contract type
- Financial Services
- Amount
- 682700
- Document date
- June 29, 2026
- Term
- 40 years; 4.45% variable interest rate, fixed for five years, then 66.00% of WSJ Prime
- Source document
- Iowa Finance Authority Minutes Iowa Agricultural Development Division Board Meeting 2026-06-29 (Minutes)
First Trust & Savings Bank's other public contracts
More Iowa Arts Council | State of Iowa contracts
Questions about this contract
Who was awarded the financial services contract by Iowa Arts Council | State of Iowa?
First Trust & Savings Bank was awarded this financial services contract by Iowa Arts Council | State of Iowa, as recorded on June 29, 2026. The contract value is 682700.
How much is the First Trust & Savings Bank contract with Iowa Arts Council | State of Iowa worth?
The First Trust & Savings Bank contract with Iowa Arts Council | State of Iowa is valued at 682700, 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 Iowa Agricultural Development Division Board Meeting 2026-06-29 (Minutes), dated June 29, 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 First Trust & Savings Bank hold?
First Trust & 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.