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City CD Investment with Live Oak Bank

City of La Puente logoCity of La Puente
Disclosed value
$249,000 (face value)
From report
Document date
Aug 31, 2025
Term
10/04/21 – 10/19/26

The 30-second brief

What it covers

La Puente holds a $249,000 negotiable certificate of deposit with Live Oak Bank at 0.90% interest through Stifel. This CD matures on October 19, 2026.

Who holds it

Live Oak Bank holds this financial services contract with City of La Puente. Its other public contracts on record include work for Wilmington Airport Authority and New Hanover County.

What happens next

Term as filed: 10/04/21 – 10/19/26.

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Contract details

Contract type
Financial Services
Amount
$249,000 (face value)
Document date
August 31, 2025
Term
10/04/21 – 10/19/26
Vendor
Live Oak Bank
Agency
City of La Puente
Source document
city-of-la-puente-cash-and-investment-report-august-31-2025_de5.pdf (Report)

Live Oak Bank's other public contracts

Wilmington Airport Authority, North CarolinaSecond Amendment Approved For Live Oak Bank Lease · Jun 3, 2026UndisclosedNew Hanover County, North CarolinaCounty Recommends Banking Authorization for Live Oak · Jan 20, 2026UndisclosedDallas Community Charter, OregonDallas Community School Renews Live Oak Bank CD · Jan 8, 2026UndisclosedThe Center For Creativity Innovation And Discovery, UtahLive Oak Bank Loan Payment Increases After Rate Change · Aug 27, 2025City of La Puente, CaliforniaLive Oak Bank CD Investment by City · Jul 31, 2025All Live Oak Bank contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of La Puente?

Live Oak Bank was awarded this financial services contract by City of La Puente, as recorded on August 31, 2025. The contract value is $249,000 (face value).

How much is the Live Oak Bank contract with City of La Puente worth?

The Live Oak Bank contract with City of La Puente is valued at $249,000 (face value), 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-la-puente-cash-and-investment-report-august-31-2025_de5.pdf (Report), dated August 31, 2025 from City of La Puente. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Live Oak Bank hold?

Live Oak 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 City of La Puente currently buying?

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

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