FINANCIAL_SERVICESDISCUSSED

Civic Federal Credit Union Bids On Police Financing

Civic Federal Credit Union submitted a financing proposal for Black Mountain's four police vehicles and related equipment. The proposal offered a 5.42% fixed rate with no closing costs, but First Bank was recommended instead.

Document date · August 10, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$260,000 financing; fixed interest rate 5.42%; no closing costs
Contract type
FINANCIAL_SERVICES
Contract term
48 months from closing requested
Document type
Minutes
Source document
Town of Black Mountain Minutes August 10, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Black Mountain?

Civic Federal Credit Union was awarded this financial services contract by Town of Black Mountain, as recorded on August 10, 2026. The contract value is $260,000 financing; fixed interest rate 5.42%; no closing costs.

How much is the Civic Federal Credit Union contract with Town of Black Mountain worth?

The Civic Federal Credit Union contract with Town of Black Mountain is valued at $260,000 financing; fixed interest rate 5.42%; no closing costs, 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 Town of Black Mountain Minutes August 10, 2026 (Minutes), dated August 10, 2026 from Town of Black Mountain. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Civic Federal Credit Union hold?

Civic Federal Credit Union may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Civic Federal Credit Union's profile

What is Town of Black Mountain currently buying?

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