CONTRACTAPPROVED

North Carolina Department of State Treasurer | State of North Carolina Awards Financial Services Contract to Webster Bank NA (March 2026)

North Carolina Department of State Treasurer | State of North Carolina logoNorth Carolina Department of State Treasurer | State of North Carolina
Disclosed value
Not to exceed $13,696,000
From minutes
Approved
Mar 3, 2026
Term
Installment financing contract; 10 years

The 30-second brief

What it covers

The Commission approved Webster Bank, N.A. as financing bank for Kernersville's up to $13.696 million installment contract. The 10-year financing will fund replacements and improvements to town facilities.

Who holds it

Webster Bank NA 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 Granite and Boone County.

What happens next

Term as filed: Installment financing contract; 10 years.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $13,696,000
Document date
March 3, 2026
Term
Installment financing contract; 10 years
Source document
North Carolina Department of State Treasurer Minutes March 3, 2026 (Minutes)

Webster Bank NA'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?

Webster Bank NA was awarded this financial services contract by North Carolina Department of State Treasurer | State of North Carolina, as recorded on March 3, 2026. The contract value is Not to exceed $13,696,000.

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

The Webster Bank NA contract with North Carolina Department of State Treasurer | State of North Carolina is valued at Not to exceed $13,696,000, 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 Minutes March 3, 2026 (Minutes), dated March 3, 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 Webster Bank NA hold?

Webster Bank NA 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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