CONTRACTDISCUSSED

Town’s First Security Bank relationship questioned by residents

Town of Stevensville
Disclosed value
approximately $3.5 million (deposited funds)
From minutes
Document date
Jun 4, 2026

The 30-second brief

What it covers

Stevensville residents questioned the town’s practice of holding roughly $3.5 million in public funds at First Security Bank and asked about FDIC coverage, collateralization, and potential conflicts of interest. The mayor and finance officer agreed to provide a detailed report at a future meeting, but no formal change to the banking arrangement was approved at this session.

Who holds it

First Security Bank holds this financial services contract with Town of Stevensville. Its other public contracts on record include work for Yazoo City Police Department and Town of Mackinaw.

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Contract details

Contract type
Financial Services
Amount
approximately $3.5 million (deposited funds)
Document date
June 4, 2026
Source document
Stevensville Town Council Minutes 2026-06-04 (Minutes)

First Security Bank's other public contracts

More Town of Stevensville contracts

Questions about this contract

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

First Security Bank was awarded this financial services contract by Town of Stevensville, as recorded on June 4, 2026. The contract value is approximately $3.5 million (deposited funds).

How much is the First Security Bank contract with Town of Stevensville worth?

The First Security Bank contract with Town of Stevensville is valued at approximately $3.5 million (deposited funds), 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 Stevensville Town Council Minutes 2026-06-04 (Minutes), dated June 4, 2026 from Town of Stevensville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First Security Bank hold?

First Security 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 Stevensville currently buying?

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

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