Iowa Finance Authority Awards $200,000 Financial Services Contract to Farmers & Merchants Savings Bank (April 2026)
Iowa Finance AuthorityState Housing Authority · Des Moines, IA- Disclosed value
- $200,000
- From agenda
- Approved
- Apr 1, 2026
The 30-second brief
The Iowa Finance Authority approved a $200,000 Loan Participation Program transaction through Farmers & Merchants Savings Bank. The financing will support Matthew J. Manternach's purchase of agricultural land and related improvements.
Farmers & Merchants Savings Bank holds this financial services contract with Iowa Finance Authority. Its other public contracts on record include work for Iowa Arts Council and City of Vadnais Heights.
Term as filed: 10-year balloon with 20-year amortization.
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Contract details
- Contract type
- Financial Services
- Amount
- $200,000
- Document date
- April 1, 2026
- Term
- 10-year balloon with 20-year amortization
- Agency
- Iowa Finance Authority
- Source document
- Iowa Finance Authority Agenda 2026-04-01 (Agenda)
Farmers & Merchants Savings Bank's other public contracts
More Iowa Finance Authority contracts
Questions about this contract
Who was awarded the financial services contract by Iowa Finance Authority?
Farmers & Merchants Savings Bank was awarded this financial services contract by Iowa Finance Authority, as recorded on April 1, 2026. The contract value is $200,000.
How much is the Farmers & Merchants Savings Bank contract with Iowa Finance Authority worth?
The Farmers & Merchants Savings Bank contract with Iowa Finance Authority is valued at $200,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Iowa Finance Authority Agenda 2026-04-01 (Agenda), dated April 1, 2026 from Iowa Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Farmers & Merchants Savings Bank hold?
Farmers & Merchants 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 Finance Authority currently buying?
Explore Iowa Finance Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.