CONTRACTAPPROVED

North Carolina Department of State Treasurer | State of North Carolina Awards $3,600,000 Financial Services Contract to Providence Bank (October 2026)

North Carolina Department of State Treasurer | State of North Carolina logoNorth Carolina Department of State Treasurer | State of North Carolina
Disclosed value
$3,600,000
From staffreport
Approved
Oct 15, 2026
Term
5 years
Renews
Free account

The 30-second brief

What it covers

Holly Ridge approved a $3.6 million installment financing contract with Providence Bank to acquire the former J&J Snack Foods property. The five-year loan carries a 6.15% interest rate and matures in September 2031.

Who holds it

Providence Bank 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 Town of Richlands and Town of Holly Ridge.

What happens next

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Contract details

Contract type
Financial Services
Amount
$3,600,000
Document date
October 15, 2026
Term
5 years
Renews
On record
Source document
North Carolina Department of State Treasurer StaffReport Local Government Commission Staff Analyses 2026-10-15 (StaffReport)

Providence Bank'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?

Providence Bank was awarded this financial services contract by North Carolina Department of State Treasurer | State of North Carolina, as recorded on October 15, 2026. The contract value is $3,600,000.

How much is the Providence Bank contract with North Carolina Department of State Treasurer | State of North Carolina worth?

The Providence Bank contract with North Carolina Department of State Treasurer | State of North Carolina is valued at $3,600,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in North Carolina Department of State Treasurer StaffReport Local Government Commission Staff Analyses 2026-10-15 (StaffReport), dated October 15, 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 Providence Bank hold?

Providence 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 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.

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