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County Amends Vehicle Lease Financing with HomeTrust Bank

Isle of Wight County logoIsle of Wight County
Disclosed value
$600,000; first payment $67,655.02 semi-annually for 10 payments
From agenda
Document date
Dec 14, 2023
Term
August 11, 2023 – August 11, 2028
Renews
Free account

The 30-second brief

What it covers

Isle of Wight County approved a lease modification with HomeTrust Bank for its $600,000 master lease purchase program, converting the financing to non-bank-qualified status. The amendment raises the interest rate to 4.49% and adjusts semi-annual payments through August 11, 2028.

Who holds it

Hometrust Bank holds this financial services contract with Isle of Wight County. Its other public contracts on record include work for New River Resource Authority and Wythe County.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Isle of Wight County contract.

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Contract details

Contract type
Financial Services
Amount
$600,000; first payment $67,655.02 semi-annually for 10 payments
Document date
December 14, 2023
Term
August 11, 2023 – August 11, 2028
Renews
Free account
Vendor
Hometrust Bank
Agency
Isle of Wight County
Source document
Isle of Wight County Board of Supervisors Agenda 2023-12-14 (Agenda)

Hometrust Bank's other public contracts

New River Resource Authority, VirginiaNRRA Approves $144,000 Hometrust Equipment Payment · Oct 27, 2026$144KNew River Resource Authority, VirginiaNRRA Makes Major Landfill Financing Payment to Hometrust Bank · Sep 23, 2026$144.6KWythe County, VirginiaWythe County AgendaPacket Regular Meeting Agenda September 22, 2026 · Sep 22, 2026$25.6KHamblen County, TennesseeHomeTrust Bank Appears in County Payments · Aug 20, 2026UndisclosedCity of Johnson, TennesseeJCDA TIF Funds Held at HomeTrust Bank · Aug 19, 2026UndisclosedAll Hometrust Bank contractsVendor profile

More Isle of Wight County contracts

Town of SmithfieldCounty Amends Water Sewer Agreement With Smithfield · Oct 25, 2026UndisclosedData ScoutCounty Approves Data Scout Taxpayer Access Software Conversion · Oct 25, 2026UndisclosedVml/vaco FinanceCounty Approves Master Vehicle Lease Purchase Agreement · Oct 25, 2026UndisclosedRes LLCRES Pursues Muscadine Wetland Mitigation Bank Project · Oct 25, 2026UndisclosedVACORPCounty to Appropriate VaCorp Insurance Proceeds · Oct 15, 2026$2.8KAll Isle of Wight County activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Isle of Wight County?

Hometrust Bank was awarded this financial services contract by Isle of Wight County, as recorded on December 14, 2023. The contract value is $600,000; first payment $67,655.02 semi-annually for 10 payments.

How much is the Hometrust Bank contract with Isle of Wight County worth?

The Hometrust Bank contract with Isle of Wight County is valued at $600,000; first payment $67,655.02 semi-annually for 10 payments, 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 Isle of Wight County Board of Supervisors Agenda 2023-12-14 (Agenda), dated December 14, 2023 from Isle of Wight County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hometrust Bank hold?

Hometrust 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 Isle of Wight County currently buying?

Explore Isle of Wight County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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