FINANCIAL_SERVICESONGOING

City purchases $249K CD from FNB Oxford Bank

On July 11, 2025 the City of Shafter purchased a $249,000 certificate of deposit from FNB Oxford Bank with a 4.30% coupon and July 25, 2030 maturity. This investment forms part of the City's diversified time-deposit portfolio.

Status
ONGOING
Document date
July 31, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Fnb Oxford Bank
Agency
City of Shafter · 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
Certificate of deposit; trade date 07/11/2025, maturity 07/25/2030
Renewal date
2030-07-25
Renewal
CD matures on 2030-07-25; potential renewal or reallocation upon maturity.
Document type
Report
Source document
city-of-shafter-treasurer-s-report-july-2025_f0b.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 Shafter?

Fnb Oxford Bank was awarded this financial services contract by City of Shafter, as recorded on July 31, 2025. The contract value is $249,000.00.

How much is the Fnb Oxford Bank contract with City of Shafter worth?

The Fnb Oxford Bank contract with City of Shafter 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-shafter-treasurer-s-report-july-2025_f0b.pdf (Report), dated July 31, 2025 from City of Shafter. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Fnb Oxford Bank hold?

Fnb Oxford 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 Fnb Oxford Bank's profile

What is City of Shafter currently buying?

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

View City of Shafter's profile

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