FINANCIAL_SERVICESONGOING

City Places $6M CDARS Deposit With Citizens Bank of Edmond

The City of Edmond has invested roughly $6.05 million in a CDARS certificate at Citizens Bank of Edmond yielding 3.80%, with maturity in February 2027. This supports local banking relationships while maintaining deposit insurance coverage.

Status
ONGOING
Document date
April 30, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Citizens Bank of Edmond
Agency
unspecified agency · OK

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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
$6,053,289.37 (CDARS placement)
Contract type
FINANCIAL_SERVICES
Contract term
Certificate maturing February 4, 2027
Renewal date
2027-02-04
Renewal
Upon the February 4, 2027 maturity, the CDARS deposit may be renewed or reallocated per City investment policy.
Document type
Report
Source document
City of Edmond Monthly Investment Report 2026-04-30

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by unspecified agency?

Citizens Bank of Edmond was awarded this financial services contract by unspecified agency, as recorded on April 30, 2026. The contract value is $6,053,289.37 (CDARS placement).

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

The Citizens Bank of Edmond contract with unspecified agency is valued at $6,053,289.37 (CDARS placement), 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 Edmond Monthly Investment Report 2026-04-30 (Report), dated April 30, 2026 from unspecified agency. 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 unspecified agency currently buying?

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

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