FINANCIAL_SERVICESONGOING

Luana Savings Bank CD Portfolio Supports DART Reserves

Luana Savings Bank provides several certificates of deposit to DART with staggered maturities through June 2027. These CDs form a significant portion of the agency’s laddered investment strategy.

Status
ONGOING
Document date
August 4, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Luana Savings Bank
Agency
Des Moines Metropolitan Transit Authority · IA

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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 type
FINANCIAL_SERVICES
Contract term
CD maturities August 26, 2026; February 4, 2027; March 1, 2027; June 21, 2027
Renewal date
2027-06-21
Renewal
Each Luana Savings Bank CD will reach maturity on its respective date (2026-08-26, 2027-02-04, 2027-03-01, 2027-06-21), at which time DART may redeem or renew based on its cash and investment needs.
Document type
AgendaPacket
Source document
Des Moines Area Regional Transit Authority AgendaPacket 2026-08-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Des Moines Metropolitan Transit Authority?

Luana Savings Bank was awarded this financial services contract by Des Moines Metropolitan Transit Authority, as recorded on August 4, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Des Moines Area Regional Transit Authority AgendaPacket 2026-08-04 (AgendaPacket), dated August 4, 2026 from Des Moines Metropolitan Transit Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Luana Savings Bank hold?

Luana Savings 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 Des Moines Metropolitan Transit Authority currently buying?

Explore Des Moines Metropolitan Transit Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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