FINANCIAL_SERVICESAPPROVED

Lovington village Awards Financial Services Contract to First Community Bank of Moultrie County (July 2026)

The Village of Lovington approved a 5-year, 5.75% interest loan from First Community Bank of Moultrie County to finance its new backhoe purchase. The financing choice replaces a higher-rate option previously available through the equipment vendor.

Status
APPROVED
Document date
July 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
First Community Bank of Moultrie County
Agency
Lovington village · IL

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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 type
FINANCIAL_SERVICES
Contract term
5-year loan at 5.75% interest
Renewal date
2031-07-20
Document type
Minutes
Source document
Village of Lovington Regular Board Meeting Minutes 2026-07-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Lovington village?

First Community Bank of Moultrie County was awarded this financial services contract by Lovington village, as recorded on July 20, 2026.

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 Village of Lovington Regular Board Meeting Minutes 2026-07-20 (Minutes), dated July 20, 2026 from Lovington village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Community Bank of Moultrie County hold?

First Community Bank of Moultrie County 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 First Community Bank of Moultrie County's profile

What is Lovington village currently buying?

Explore Lovington village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Lovington village's profile

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