FINANCIAL_SERVICESONGOING

Board Reviews Hanmi Bank Revolving Credit Line

Desert Sands Charter High School received a finance update on its existing revolving line of credit with Hanmi Bank, currently carrying a 7.5% interest rate. The board reviewed the credit usage, covenants, and expiration timeline as part of the school’s ongoing financial oversight.

Status
ONGOING
Document date
March 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Hanmi Bank
Agency
Desert Sands Charter District · CA

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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 type
FINANCIAL_SERVICES
Contract term
Revolving line of credit, expiration date not specified
Renewal
Existing revolving line of credit with Hanmi Bank remains active; specific renewal or expiration date was discussed but not recorded in the minutes.
Document type
Minutes
Source document
Desert Sands Charter High School Board 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 Desert Sands Charter District?

Hanmi Bank was awarded this financial services contract by Desert Sands Charter District, as recorded on March 3, 2026.

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 Desert Sands Charter High School Board Meeting Minutes March 2026 (Minutes), dated March 3, 2026 from Desert Sands Charter District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hanmi Bank hold?

Hanmi 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 Hanmi Bank's profile

What is Desert Sands Charter District currently buying?

Explore Desert Sands Charter District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Desert Sands Charter District's profile

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