North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina Awards Financial Services Contract to Pinnacle Bank (July 2026)
North Carolina Capital Facilities Finance Agency Board of Directors | State of North CarolinaState · Raleigh, NC- Disclosed value
- Up to $7,000,000 financing
- From report
- Approved
- Jul 31, 2026
- Renews
- Free account
The 30-second brief
The NC Capital Facilities Finance Agency approved Pinnacle Bank as lender and purchaser for Sterling Montessori Academy and Charter School's financing of up to $7 million. The proceeds will refinance Series 2017 bonds, fund new facility construction, and pay issuance costs.
Pinnacle Bank holds this financial services contract with North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina. Its other public contracts on record include work for City of Spring Hill and Waverly Volunteer Fire/Rescue Department.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $7,000,000 financing
- Document date
- July 31, 2026
- Term
- 25-year amortization with a put option at 10 years; final maturity not later than March 18, 2051
- Renews
- On record
- Vendor
- Pinnacle Bank
- Source document
- North Carolina Department of State Treasurer Report Debt Approvals 2026-07-31 (Report)
Pinnacle Bank's other public contracts
More North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina contracts
Questions about this contract
Who was awarded the financial services contract by North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina?
Pinnacle Bank was awarded this financial services contract by North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina, as recorded on July 31, 2026. The contract value is Up to $7,000,000 financing.
How much is the Pinnacle Bank contract with North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina worth?
The Pinnacle Bank contract with North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina is valued at Up to $7,000,000 financing, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in North Carolina Department of State Treasurer Report Debt Approvals 2026-07-31 (Report), dated July 31, 2026 from North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Pinnacle Bank hold?
Pinnacle 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 North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina currently buying?
Explore North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.