North Carolina Department of State Treasurer | State of North Carolina Awards Financial Services Contract to Pnc Bank, National Association (October 2026)
North Carolina Department of State Treasurer | State of North CarolinaState · Raleigh, NC- Disclosed value
- Principal amount not to exceed $5,500,000; interest rate not to exceed 3.58% per annum
- From minutes
- Approved
- Oct 6, 2026
- Renews
- Free account
The 30-second brief
The North Carolina Local Government Commission approved Cumberland County’s installment financing agreement with PNC Bank, National Association for up to $5.5 million. The financing will fund fixtures and equipment at the Crown Expo Center and Crown Coliseum, with final maturity no later than June 30, 2036.
Pnc Bank, National Association holds this financial services contract with North Carolina Department of State Treasurer | State of North Carolina. Its other public contracts on record include work for City of Auburn Hills and Fort Pierce Utilities Authority.
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Contract details
- Contract type
- Financial Services
- Amount
- Principal amount not to exceed $5,500,000; interest rate not to exceed 3.58% per annum
- Document date
- October 6, 2026
- Term
- Agreement dated on or about June 17, 2026; final maturity not beyond June 30, 2036
- Renews
- On record
- Source document
- North Carolina Department of State Treasurer Local Government Commission Minutes October 6, 2026 (Minutes)
Pnc Bank, National Association's other public contracts
More North Carolina Department of State Treasurer | State of North Carolina contracts
Questions about this contract
Who was awarded the financial services contract by North Carolina Department of State Treasurer | State of North Carolina?
Pnc Bank, National Association was awarded this financial services contract by North Carolina Department of State Treasurer | State of North Carolina, as recorded on October 6, 2026. The contract value is Principal amount not to exceed $5,500,000; interest rate not to exceed 3.58% per annum.
How much is the Pnc Bank, National Association contract with North Carolina Department of State Treasurer | State of North Carolina worth?
The Pnc Bank, National Association contract with North Carolina Department of State Treasurer | State of North Carolina is valued at Principal amount not to exceed $5,500,000; interest rate not to exceed 3.58% per annum, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in North Carolina Department of State Treasurer Local Government Commission Minutes October 6, 2026 (Minutes), dated October 6, 2026 from North Carolina Department of State Treasurer | State of North Carolina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Pnc Bank, National Association hold?
Pnc Bank, National Association 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 Department of State Treasurer | State of North Carolina currently buying?
Explore North Carolina Department of State Treasurer | State of North Carolina's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.