Town Renews CD with First National Bank at 3.65%

Rural Hall renewed a certificate of deposit with First National Bank for nine months at a 3.65 percent interest rate, expected to earn about $3,700. The CD, originally opened in July 2021, supports the Town’s investment and cash management strategy.

Document date · August 10, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Nine-month certificate of deposit renewed July 29, 2026

Renewal date

2027-04-29

Renewal

Certificate of deposit renewed on July 29, 2026 for a nine-month term at 3.65% interest.

Document type

AgendaPacket

Source document

Town of Rural Hall AgendaPacket Regular Council Meeting Agenda 2026-08-10

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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 Rural Hall?

First National Bank was awarded this financial services contract by Town of Rural Hall, as recorded on August 10, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Rural Hall AgendaPacket Regular Council Meeting Agenda 2026-08-10 (AgendaPacket), dated August 10, 2026 from Town of Rural Hall. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First National Bank hold?

First National 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.

View First National Bank's profile

What is Town of Rural Hall currently buying?

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