FINANCIAL_SERVICESONGOING

City Invests $2M Short-Term With Union State Bank

Newton invested $2 million in a 180-day fixed-rate instrument with Union State Bank at 3.65%, maturing in December 2026. The deposit is part of the City’s broader investment portfolio.

Status
ONGOING
Document date
July 28, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Union State Bank
Agency
City of Newton · KS

Trusted by teams at

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
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
$2,000,000.00
Contract type
FINANCIAL_SERVICES
Contract term
180-day fixed rate investment purchased 6/15/2026 maturing 12/15/2026 at 3.65%
Renewal date
2026-12-15
Renewal
Investment matures on 2026-12-15; the City may roll over or reallocate funds based on investment policy and market conditions.
Document type
AgendaPacket
Source document
City of Newton Agenda Packet 2026-07-28

Related contracts

Other contracts from Union State Bank.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Newton?

Union State Bank was awarded this financial services contract by City of Newton, as recorded on July 28, 2026. The contract value is $2,000,000.00.

How much is the Union State Bank contract with City of Newton worth?

The Union State Bank contract with City of Newton is valued at $2,000,000.00, covering financial services work.

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 City of Newton Agenda Packet 2026-07-28 (AgendaPacket), dated July 28, 2026 from City of Newton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Union State Bank hold?

Union State 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 Union State Bank's profile

What is City of Newton currently buying?

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

View City of Newton's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free