FINANCIAL_SERVICESAPPROVED

Lamar School District RE-2 Awards Financial Services Contract to Frontier Bank (March 2026)

The Lamar School District Re-2 Board approved transferring $4 million from ColoTrust into a 12‑month certificate of deposit at Frontier Bank at a 3.59% interest rate. The action is part of the district’s strategy to invest funds locally following a review of CD options from area banks.

Status
APPROVED
Document date
March 9, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Frontier Bank
Agency
Lamar School District RE-2 · CO

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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
$4 million for 12 months at 3.59%
Contract type
FINANCIAL_SERVICES
Contract term
12 months
Renewal
Single 12‑month CD investment; renewal or reinvestment options will need to be considered at maturity.
Document type
Minutes
Source document
Lamar School District Re-2 Board of Education Meeting Minutes March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Lamar School District RE-2?

Frontier Bank was awarded this financial services contract by Lamar School District RE-2, as recorded on March 9, 2026. The contract value is $4 million for 12 months at 3.59%.

How much is the Frontier Bank contract with Lamar School District RE-2 worth?

The Frontier Bank contract with Lamar School District RE-2 is valued at $4 million for 12 months at 3.59%, 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 Lamar School District Re-2 Board of Education Meeting Minutes March 2026 (Minutes), dated March 9, 2026 from Lamar School District RE-2. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Frontier Bank hold?

Frontier 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 Frontier Bank's profile

What is Lamar School District RE-2 currently buying?

Explore Lamar School District RE-2's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Lamar School District RE-2's profile

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