Civic IQ
FINANCIAL_SERVICESAPPROVED

Town of Murphysboro Awards Financial Services Contract to First Bank & Trust (May 2026)

The Murphysboro City Council approved a five-year financing agreement with First Bank & Trust to fund a new Street Department dump truck and snow plow, totaling $88,978 at a 4.7% interest rate. The decision followed comparison with an alternate offer from First Southern Bank.

Document date · May 26, 2026

Issuing agencyTown of MurphysboroVendorFirst Bank & Trust

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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
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$88,978.00 at 4.7% interest
Contract type
FINANCIAL_SERVICES
Contract term
Five years
Renewal
Five-year fixed-term financing; no renewals or extensions mentioned in the minutes.
Document type
Minutes
Source document
Town of Murphysboro Minutes City Council Meeting 2026-05-26

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Sioux Falls School District 49-5, South DakotaSep 28, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

First Bank & Trust was awarded this financial services contract by Town of Murphysboro, as recorded on May 26, 2026. The contract value is $88,978.00 at 4.7% interest.

How much is the First Bank & Trust contract with Town of Murphysboro worth?

The First Bank & Trust contract with Town of Murphysboro is valued at $88,978.00 at 4.7% interest, 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 Murphysboro Minutes City Council Meeting 2026-05-26 (Minutes), dated May 26, 2026 from Town of Murphysboro. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Bank & Trust hold?

First Bank & Trust 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 First Bank & Trust's profile

What is Town of Murphysboro currently buying?

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

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