Civic IQ
FINANCIAL_SERVICESPENDING

Federation Bank Loan Amendment Proposed

The Iowa Finance Authority agenda proposes amending a $28,650 Beginning Farmer Loan held by Federation Bank. The amendment would reduce the interest rate to 4.75% through January 15, 2028 and lower the annual payment beginning in 2027.

Document date · January 7, 2026

Issuing agencyIowa Finance AuthorityVendorFederation Bank

Track Iowa Finance Authority contracts

Get alerts when new contracts are awarded or existing ones approach renewal at Iowa Finance Authority.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Trusted by teams at

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
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
$28,650
Contract type
FINANCIAL_SERVICES
Contract term
Through January 15, 2028, with rate adjustments every three years thereafter
Renewal date
2028-01-15
Renewal
Interest rate fixed at 4.75% through January 15, 2028; thereafter the loan moves to the revised index and adjusts every three years.
Document type
Agenda
Source document
Iowa Finance Authority Agenda Board Meeting January 7, 2026

Related contracts

Other contracts from Federation Bank.

View all →
Wellman City Council Agenda 2026-09-21
DISCUSSED
City of Wellman, TexasSep 21, 2026
City of Washington AgendaPacket Regular Session 2026-06-02
APPROVED
City of Washington, Iowa$150,577.44Jun 2, 2026
City of Washington AgendaPacket Regular Session 2026-06-02
APPROVED
City of Washington, Iowa$15,944.94Jun 2, 2026
City of Washington AgendaPacket Regular Session 2026-05-19
APPROVED
City of Washington, Iowa$150,577.44May 19, 2026
City of Washington AgendaPacket Regular Session 2026-05-19
APPROVED
City of Washington, Iowa$15,944.94May 19, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

Federation Bank was awarded this financial services contract by Iowa Finance Authority, as recorded on January 7, 2026. The contract value is $28,650.

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

The Federation Bank contract with Iowa Finance Authority is valued at $28,650, 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 Board Meeting January 7, 2026 (Agenda), dated January 7, 2026 from Iowa Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Federation Bank hold?

Federation 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 Federation Bank's 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.

View Iowa Finance Authority's profile