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Council Weighs CD Investment with Blue Sky Bank

City of Cleveland logoCity of Cleveland
Disclosed value
$205,967.56
From agenda
Document date
May 14, 2026
Renews
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Renewal date on recordLocked

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THE 30-SECOND BRIEF

What it covers

Cleveland City Council will consider transferring $205,967.56 in Water Improvement funds into a 12-month certificate of deposit at Blue Sky Bank at 3.81% APY. The action also designates the city manager, clerk, and treasurer as authorized internet users for the account.

Who holds it

Blue Sky Bank holds this financial services contract with City of Cleveland. Its other public contracts on record include work for Pawnee County Rural Water District 2 and City of Wagoner.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Cleveland contract.

Contract details

Contract type
Financial Services
Amount
$205,967.56
Document date
May 14, 2026
Term
12-month Certificate of Deposit (CD) at 3.81% APY
Renews
Free account
Vendor
Blue Sky Bank
Agency
City of Cleveland
Source document
City of Cleveland Council Meeting Agenda May 14 2026 (Agenda)

Blue Sky Bank's other public contracts

Pawnee County Rural Water District 2, OklahomaChange of Signers Discussed for Blue Sky Bank · Sep 14, 2026UndisclosedCity of Wagoner, OklahomaWagoner Approves Blue Sky Bank Payment · Aug 3, 2026$300KHinton Public Schools, OklahomaBoard to update signers on Blue Sky Bank accounts · Jun 15, 2026UndisclosedHinton Public Schools, OklahomaBlue Sky Bank Account Signers Updated by Board · Jun 15, 2026UndisclosedAvant Public School, OklahomaBoard to Modify Blue Sky Bank Account Structure · Apr 12, 2026UndisclosedAll Blue Sky Bank contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Cleveland?

Blue Sky Bank was awarded this financial services contract by City of Cleveland, as recorded on May 14, 2026. The contract value is $205,967.56.

How much is the Blue Sky Bank contract with City of Cleveland worth?

The Blue Sky Bank contract with City of Cleveland is valued at $205,967.56, 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 Cleveland Council Meeting Agenda May 14 2026 (Agenda), dated May 14, 2026 from City of Cleveland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Blue Sky Bank hold?

Blue Sky 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.

What is City of Cleveland currently buying?

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

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