FINANCIAL_SERVICESONGOING

Citizens Bank of Edmond Holds $6M City CDARS Deposit

The City of Edmond maintains a $6.03 million CDARS time deposit with Citizens Bank of Edmond at a 3.80% rate, maturing on February 4, 2027. This local bank deposit contributes to the City’s secure pooled investment portfolio.

Status
ONGOING
Document date
April 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Citizens Bank of Edmond
Agency
City of Edmond · OK

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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
$6,034,427.55 (CDARS principal outstanding)
Contract type
FINANCIAL_SERVICES
Contract term
CDARS maturity 2/4/2027
Renewal date
2027-02-04
Renewal
CDARS deposit is scheduled to mature 2027-02-04; renewal or withdrawal will be determined at that time.
Document type
Agenda
Source document
City of Edmond Finance/Audit Committee Regular Meeting Agenda April 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 Edmond?

Citizens Bank of Edmond was awarded this financial services contract by City of Edmond, as recorded on April 16, 2026. The contract value is $6,034,427.55 (CDARS principal outstanding).

How much is the Citizens Bank of Edmond contract with City of Edmond worth?

The Citizens Bank of Edmond contract with City of Edmond is valued at $6,034,427.55 (CDARS principal outstanding), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Edmond Finance/Audit Committee Regular Meeting Agenda April 2026 (Agenda), dated April 16, 2026 from City of Edmond. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Citizens Bank of Edmond hold?

Citizens Bank of Edmond 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 Citizens Bank of Edmond's profile

What is City of Edmond currently buying?

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

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