FINANCIAL_SERVICESONGOING

District maintains multi-million CD portfolio with EastWest Bank

Hurst-Euless-Bedford ISD maintains a portfolio of secured certificates of deposit with EastWest Bank totaling more than $26 million across operating, nutrition, capital projects, and trust funds, including a new $15 million CD purchased on October 15, 2025. The CDs provide fixed income returns between 3.65% and 4.13% through mid-2026.

Status
ONGOING
Document date
September 1, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Eastwest Bank
Agency
Hurst-Euless-Bedford Independent School District · TX

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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
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
$15,000,000.00 (CD-57338-2 purchase on 10/15/25; additional CDs total $26,397,211.94 outstanding)
Contract type
FINANCIAL_SERVICES
Contract term
CD-57338-2: October 15, 2025 – October 15, 2026 (1 year); other CDs maturing March–June 2026
Renewal date
2026-10-15
Renewal
Individual CDs have fixed maturities through October 2026; renewals or rollovers would be subject to future board or staff investment decisions under policy.
Document type
Report
Source document
Hurst-Euless-Bedford ISD Investment Report 2025-09-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Hurst-Euless-Bedford Independent School District?

Eastwest Bank was awarded this financial services contract by Hurst-Euless-Bedford Independent School District, as recorded on September 1, 2025. The contract value is $15,000,000.00 (CD-57338-2 purchase on 10/15/25; additional CDs total $26,397,211.94 outstanding).

How much is the Eastwest Bank contract with Hurst-Euless-Bedford Independent School District worth?

The Eastwest Bank contract with Hurst-Euless-Bedford Independent School District is valued at $15,000,000.00 (CD-57338-2 purchase on 10/15/25; additional CDs total $26,397,211.94 outstanding), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Hurst-Euless-Bedford ISD Investment Report 2025-09-01 (Report), dated September 1, 2025 from Hurst-Euless-Bedford Independent School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Eastwest Bank hold?

Eastwest 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 Eastwest Bank's profile

What is Hurst-Euless-Bedford Independent School District currently buying?

Explore Hurst-Euless-Bedford Independent School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Hurst-Euless-Bedford Independent School District's profile

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