Commission Reinvests Matured CD With Mechanics & Farmers Bank
North Carolina Real Estate Commission | State of North CarolinaState · Raleigh, NC- Disclosed value
- $111,405.01, including $109,963.16 principal and $1,441.85 interest
- From agendapacket
- Document date
- Jun 24, 2026
- Term
- 6 months; maturity December 3, 2026
- Renews
- Free account
The 30-second brief
The North Carolina Real Estate Commission reinvested $111,405.01 with Mechanics & Farmers Bank after a certificate of deposit matured. The six-month investment carries a 2.42% rate and matures December 3, 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.
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Contract details
- Contract type
- Financial Services
- Amount
- $111,405.01, including $109,963.16 principal and $1,441.85 interest
- Document date
- June 24, 2026
- Term
- 6 months; maturity December 3, 2026
- Renews
- On record
- Vendor
- Mechanics & Farmers Bank
- Source document
- North Carolina Real Estate Commission AgendaPacket Commission Meeting and Hearing 2026-06-24 (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 June 24, 2026. The contract value is $111,405.01, including $109,963.16 principal and $1,441.85 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 $111,405.01, including $109,963.16 principal and $1,441.85 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 Commission Meeting and Hearing 2026-06-24 (AgendaPacket), dated June 24, 2026 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.