FINANCIAL_SERVICESAPPROVED

City of Palo Alto Awards $249,000 Financial Services Contract to Select Bank (October 2025)

Select Bank redeemed a $249,000 certificate of deposit originally maturing 03/31/2028, returning funds to Palo Alto's portfolio on 10/31/2025.

Document date · October 31, 2025

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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
CD originally maturing 03/31/2028; redeemed 10/31/2025
Renewal date
2025-10-31
Renewal
Instrument is liquidated due to call redemption; no renewal applicable.
Document type
Report
Source document
chandler_asset_management_palo_alto_monthly_transa.pdf

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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 Palo Alto?

Select Bank was awarded this financial services contract by City of Palo Alto, as recorded on October 31, 2025. The contract value is $249,000.00.

How much is the Select Bank contract with City of Palo Alto worth?

The Select Bank contract with City of Palo Alto 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 chandler_asset_management_palo_alto_monthly_transa.pdf (Report), dated October 31, 2025 from City of Palo Alto. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Select Bank hold?

Select 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.

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What is City of Palo Alto currently buying?

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