Commission Renews Mechanics & Farmers CD
North Carolina Real Estate Commission | State of North CarolinaState · Raleigh, NC- Disclosed value
- $108,938.87 principal plus $1,024.29 interest
- From agendapacket
- Document date
- Nov 19, 2025
The 30-second brief
The North Carolina Real Estate Commission reinvested $108,938.87 plus $1,024.29 in interest with Mechanics & Farmers Bank. The renewed six-month certificate carries a 2.62% interest rate and matures April 22, 2026.
Mechanics & Farmers Bank holds this financial services contract with North Carolina Real Estate Commission | State of North Carolina. Its other public contracts on record include work for Community School Of Digital & Visual Art and Cusd 300.
Term as filed: 6-month certificate of deposit; October 22, 2025 – April 22, 2026.
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Contract details
- Contract type
- Financial Services
- Amount
- $108,938.87 principal plus $1,024.29 interest
- Document date
- November 19, 2025
- Term
- 6-month certificate of deposit; October 22, 2025 – April 22, 2026
- Vendor
- Mechanics & Farmers Bank
- Source document
- North Carolina Real Estate Commission AgendaPacket November 19, 2025 (AgendaPacket)
Mechanics & Farmers Bank's other public contracts
More North Carolina Real Estate Commission | State of North Carolina contracts
Questions about this contract
Who was awarded the financial services contract by North Carolina Real Estate Commission | State of North Carolina?
Mechanics & Farmers Bank was awarded this financial services contract by North Carolina Real Estate Commission | State of North Carolina, as recorded on November 19, 2025. The contract value is $108,938.87 principal plus $1,024.29 interest.
How much is the Mechanics & Farmers Bank contract with North Carolina Real Estate Commission | State of North Carolina worth?
The Mechanics & Farmers Bank contract with North Carolina Real Estate Commission | State of North Carolina is valued at $108,938.87 principal plus $1,024.29 interest, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in North Carolina Real Estate Commission AgendaPacket November 19, 2025 (AgendaPacket), dated November 19, 2025 from North Carolina Real Estate Commission | State of North Carolina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is North Carolina Real Estate Commission | State of North Carolina currently buying?
Explore North Carolina Real Estate Commission | State of North Carolina's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.