CONTRACTAPPROVED

Spencer Community School District Awards $18,500,000 Financial Services Contract to Farmers Trust & Savings Bank (November 2021)

Spencer Community School District logoSpencer Community School District
Disclosed value
$18,500,000
From minutes
Approved
Nov 23, 2021
Term
2021-2022 depository designation period

The 30-second brief

What it covers

The Board approved Farmers Trust & Savings Bank as a depository for district funds with a limit of $18,500,000 for the 2021-2022 year. This action authorizes the bank to hold district deposits up to the specified cap.

Who holds it

Farmers Trust & Savings Bank holds this financial services contract with Spencer Community School District. Its other public contracts on record include work for City of Williamsburg and City of Britt.

What happens next

Term as filed: 2021-2022 depository designation period.

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Contract details

Contract type
Financial Services
Amount
$18,500,000
Document date
November 23, 2021
Term
2021-2022 depository designation period
Source document
spencer-community-school-district-board-meeting-minutes-november-23-2021_bee.pdf (Minutes)

Farmers Trust & Savings Bank's other public contracts

More Spencer Community School District contracts

Questions about this contract

Who was awarded the financial services contract by Spencer Community School District?

Farmers Trust & Savings Bank was awarded this financial services contract by Spencer Community School District, as recorded on November 23, 2021. The contract value is $18,500,000.

How much is the Farmers Trust & Savings Bank contract with Spencer Community School District worth?

The Farmers Trust & Savings Bank contract with Spencer Community School District is valued at $18,500,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in spencer-community-school-district-board-meeting-minutes-november-23-2021_bee.pdf (Minutes), dated November 23, 2021 from Spencer Community School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Farmers Trust & Savings Bank hold?

Farmers Trust & Savings 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 Spencer Community School District currently buying?

Explore Spencer Community School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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