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Floyd Transfers Maturing CD Funds From Carter Bank

Town of Floyd logoTown of Floyd
Document date
Sep 17, 2026

The 30-second brief

What it covers

Floyd officials reported transferring funds from Carter Bank after certificates of deposit matured. The funds were moved to Skyline National Bank for a reported six-month CD rate of 4%.

Who holds it

Carter Bank holds this financial services contract with Town of Floyd. Its other public contracts on record include work for Rockbridge County and Town of Vinton.

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Contract details

Contract type
Financial Services
Document date
September 17, 2026
Vendor
Carter Bank
Agency
Town of Floyd
Source document
Town of Floyd Minutes September 17, 2026 (Minutes)

Carter Bank's other public contracts

Rockbridge County, VirginiaEDA Reviews Carter Bank Promotional CD Rates · Sep 21, 2026UndisclosedTown of Vinton, VirginiaCarter Bank Proposal Reviewed for Vinton Bond · Aug 18, 2026Board of Trustees of the Virginia Museum of Natural History, VirginiaCarter Bank Supports Homeschool Academy · Aug 15, 2026UndisclosedBoard of Trustees of the Virginia Museum of Natural History, VirginiaCarter Bank Sponsors VMNH Events · Jul 1, 2026UndisclosedLunenburg County, VirginiaCarter Bank School Refunding Debt Ends FY2029 · Jun 4, 2026All Carter Bank contractsVendor profile

More Town of Floyd contracts

Price BuildersPrice Builders Asked To Estimate Floyd Public Works Building · Sep 17, 2026UndisclosedSkyline National BankFloyd Moves CD Funds To Skyline National Bank · Sep 17, 2026SOJERNFloyd Tourism Launches Sojern Digital Advertising Campaign · Sep 17, 2026UndisclosedNew River Valley Regional CommissionRegional Commission To Lead Floyd Comprehensive Plan · Sep 17, 2026UndisclosedWall-wade Farm LLCFloyd Considers Extension Fee For Wall-Wade Building · Sep 17, 2026All Town of Floyd activityAgency profile

Questions about this contract

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

Carter Bank was awarded this financial services contract by Town of Floyd, as recorded on September 17, 2026.

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 Town of Floyd Minutes September 17, 2026 (Minutes), dated September 17, 2026 from Town of Floyd. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Carter Bank hold?

Carter 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.

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What is Town of Floyd currently buying?

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

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