FINANCIAL_SERVICESAPPROVED

Iowa Finance Authority Awards $200,000 Financial Services Contract to Farmers State Bank (October 2026)

The Iowa Finance Authority approved a $200,000 Loan Participation Program transaction with Farmers State Bank. The financing supports a beginning farmer’s purchase of approximately 80 acres of agricultural land.

Document date · October 6, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$200,000
Contract type
FINANCIAL_SERVICES
Contract term
10-year balloon; 20-year amortization for land
Renewal date
2036-10-07
Renewal
Loan Participation Program terms provide a 10-year balloon with 20-year amortization for land; the participation rate is fixed for the full 10-year term after approval.
Document type
Agenda
Source document
Iowa Finance Authority Agenda 2026-10-07

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Iowa Finance Authority?

Farmers State Bank was awarded this financial services contract by Iowa Finance Authority, as recorded on October 6, 2026. The contract value is $200,000.

How much is the Farmers State Bank contract with Iowa Finance Authority worth?

The Farmers State 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 2026-10-07 (Agenda), dated October 6, 2026 from Iowa Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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.

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