CONTRACTPENDING

Town To Invest $500K CD With First Carolina Bank

Disclosed value: $500,000; From agenda
Document date: Aug 5, 2024
Term: 7 months at 5.05% effective July 1

What it covers

The Town of Bunn Board of Commissioners will consider approval of a $500,000 certificate of deposit with First Carolina Bank for seven months at an interest rate of 5.05% effective July 1. This action would place town funds in a short-term investment vehicle.

Who holds it

First Carolina Bank holds this financial services contract with Town of Bunn. Its other public contracts on record include work for Winnetka SD 36 and Neshaminy SD.

What happens next

Term as filed: 7 months at 5.05% effective July 1.

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Contract details

Contract type: Financial Services
Amount: $500,000
Document date: August 5, 2024
Term: 7 months at 5.05% effective July 1
Vendor: First Carolina Bank
Agency: Town of Bunn
Source document: Town of Bunn Board of Commissioner Meeting Agenda 2024-08-05 (Agenda)

First Carolina Bank's other public contracts

Winnetka SD 36, IllinoisSchool District Places IntraFi CD With First Carolina · Aug 6, 2026$244.2K Neshaminy SD, PennsylvaniaDistrict Holds $250K Investment with First Carolina Bank · Jun 1, 2026$250K Valley View CUSD 365U, IllinoisCDARS Deposit at First Carolina Bank · May 11, 2026 Neshaminy SD, PennsylvaniaDistrict Holds $250K Deposit at First Carolina Bank · May 1, 2026$250K Valley View CUSD 365U, IllinoisFirst Carolina Bank CDARS Investment · Apr 13, 2026$243.5K All First Carolina Bank contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Town of Bunn?

First Carolina Bank was awarded this financial services contract by Town of Bunn, as recorded on August 5, 2024. The contract value is $500,000.

How much is the First Carolina Bank contract with Town of Bunn worth?

The First Carolina Bank contract with Town of Bunn is valued at $500,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Bunn Board of Commissioner Meeting Agenda 2024-08-05 (Agenda), dated August 5, 2024 from Town of Bunn. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First Carolina Bank hold?

First Carolina 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 Town of Bunn currently buying?

Explore Town of Bunn's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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