CONTRACTRECOMMENDED

Webster Bank Finances Valdese Safety Facility

North Carolina Department of State Treasurer | State of North Carolina logoNorth Carolina Department of State Treasurer | State of North Carolina
Disclosed value
$10,800,000
From staffreport
Document date
Aug 4, 2026
Term
15 years; final maturity August 1, 2041
Renews
Free account

The 30-second brief

What it covers

Webster Bank, N.A. is identified as lender for Valdese's proposed $10.8 million public safety facility financing. The 15-year loan would fund construction of a combined fire and police facility.

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

The renewal date is on record. A free account shows it, with the renewals for every North Carolina Department of State Treasurer | State of North Carolina contract.

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Contract details

Contract type
Financial Services
Amount
$10,800,000
Document date
August 4, 2026
Term
15 years; final maturity August 1, 2041
Renews
Free account
Source document
North Carolina Department of State Treasurer StaffReport LGC Meeting Staff Analyses and Action Items 2026-08-04 (StaffReport)

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 August 4, 2026. The contract value is $10,800,000.

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 $10,800,000, 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 LGC Meeting Staff Analyses and Action Items 2026-08-04 (StaffReport), dated August 4, 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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