City Diversifies Deposits with $24M at Prism Bank
unspecified agencynone, OK- Disclosed value
- $24,000,000 (CDARS deposits as of 5/31/2026)
- From report
- Document date
- May 31, 2026
The 30-second brief
Edmond maintains $24 million in CDARS time deposits with Prism Bank as of May 31, 2026, earning fixed yields above 3.8% with staggered maturities into 2027. These deposits diversify the City’s pooled investment portfolio while remaining fully insured.
Prism Bank holds this financial services contract with unspecified agency. Its other public contracts on record include work for City of Edmond and Logan County.
Term as filed: Various maturities up to approximately 4/8/2027 and 5/20/2027 (312–354 days from 5/31/2026).
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Contract details
- Contract type
- Financial Services
- Amount
- $24,000,000 (CDARS deposits as of 5/31/2026)
- Document date
- May 31, 2026
- Term
- Various maturities up to approximately 4/8/2027 and 5/20/2027 (312–354 days from 5/31/2026)
- Vendor
- Prism Bank
- Agency
- unspecified agency
- Source document
- City of Edmond Monthly Investment Report 2026-05-31 (Report)
Prism Bank's other public contracts
More unspecified agency contracts
Questions about this contract
Who was awarded the financial services contract by unspecified agency?
Prism Bank was awarded this financial services contract by unspecified agency, as recorded on May 31, 2026. The contract value is $24,000,000 (CDARS deposits as of 5/31/2026).
How much is the Prism Bank contract with unspecified agency worth?
The Prism Bank contract with unspecified agency is valued at $24,000,000 (CDARS deposits as of 5/31/2026), 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 City of Edmond Monthly Investment Report 2026-05-31 (Report), dated May 31, 2026 from unspecified agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Prism Bank hold?
Prism 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 unspecified agency currently buying?
Explore unspecified agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.