FINANCIAL_SERVICESONGOING

United Fidelity Bank CD With 4.5% Yield

Hermosa Beach maintains a $249,000 negotiable CD with United Fidelity Bank at 4.500%, maturing August 17, 2028. The CD is currently valued above its book cost.

Status
ONGOING
Document date
May 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
United Fidelity Bank
Agency
City of Hermosa Beach · 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 amount
$249,000.00
Contract type
FINANCIAL_SERVICES
Contract term
08/09/2023 – 08/17/2028
Renewal date
2028-08-17
Renewal
CD matures 2028-08-17; City will decide on rollover, redemption, or reinvestment at maturity.
Document type
Report
Source document
City of Hermosa Beach Treasurer's Report May 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 City of Hermosa Beach?

United Fidelity Bank was awarded this financial services contract by City of Hermosa Beach, as recorded on May 1, 2026. The contract value is $249,000.00.

How much is the United Fidelity Bank contract with City of Hermosa Beach worth?

The United Fidelity Bank contract with City of Hermosa Beach is valued at $249,000.00, 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 Hermosa Beach Treasurer's Report May 2026 (Report), dated May 1, 2026 from City of Hermosa Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does United Fidelity Bank hold?

United Fidelity 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 United Fidelity Bank's profile

What is City of Hermosa Beach currently buying?

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

View City of Hermosa Beach's profile

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