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Town of Franklin Awards $248,000 Financial Services Contract to First Capital Bank (February 2021)

Town of Franklin
Disclosed value
$248,000.00
From minutes
Approved
Feb 16, 2021

The 30-second brief

What it covers

Franklin Township Supervisors approved reinvesting $248,000 from a matured PLGIT CD into a new PLGIT CD with First Capital Bank in Germantown, TN at a 0.25% interest rate. The move shifts township investment funds to a new banking institution.

Who holds it

First Capital Bank holds this financial services contract with Town of Franklin. Its other public contracts on record include work for Mundelein ESD 75 and Mundelein Cons HSD 120.

What happens next

Term as filed: starting February 9, 2021 (maturity date not stated).

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Contract details

Contract type
Financial Services
Amount
$248,000.00
Document date
February 16, 2021
Term
starting February 9, 2021 (maturity date not stated)
Vendor
First Capital Bank
Agency
Town of Franklin
Source document
Franklin Township Supervisors Meeting Minutes February 2021 (Minutes)

First Capital Bank's other public contracts

Mundelein ESD 75, IllinoisDistrict Reports First Capital Bank Certificate · Sep 21, 2026$237KMundelein Cons HSD 120, IllinoisDistrict Reports First Capital Bank CD · Sep 9, 2026$241KItasca SD 10, IllinoisFirst Capital Bank CD in District Portfolio · Aug 12, 2026$243.4KCity of Quanah, TexasQuanah Considers Bank Signature Changes at First Capital · Aug 11, 2026UndisclosedHeartland Community College, IllinoisFirst Capital Bank CD Nears Maturity · Aug 1, 2026$232.5KAll First Capital Bank contractsVendor profile

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Questions about this contract

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

First Capital Bank was awarded this financial services contract by Town of Franklin, as recorded on February 16, 2021. The contract value is $248,000.00.

How much is the First Capital Bank contract with Town of Franklin worth?

The First Capital Bank contract with Town of Franklin is valued at $248,000.00, 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 Franklin Township Supervisors Meeting Minutes February 2021 (Minutes), dated February 16, 2021 from Town of Franklin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First Capital Bank hold?

First Capital 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 Franklin currently buying?

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

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