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First Business Bank CD In City Portfolio

City of Hermosa Beach logoCity of Hermosa Beach
Disclosed value
$245,000.00
From report
Document date
May 1, 2026
Term
02/15/2023 – 02/15/2028
Renews
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The 30-second brief

What it covers

Hermosa Beach holds a $245,000 negotiable CD with First Business Bank at 3.750%, maturing February 15, 2028. The investment is part of the City's diversified fixed‑income portfolio.

Who holds it

First Business Bank holds this financial services contract with City of Hermosa Beach. Its other public contracts on record include work for Town of Adams and City of Brookfield.

What happens next

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

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Contract details

Contract type
Financial Services
Amount
$245,000.00
Document date
May 1, 2026
Term
02/15/2023 – 02/15/2028
Renews
Free account
Vendor
First Business Bank
Agency
City of Hermosa Beach
Source document
City of Hermosa Beach Treasurer's Report May 2026 (Report)

First Business Bank's other public contracts

Town of Adams, WisconsinBoard Approves First Business Bank as Investment Depository · Jun 9, 2026UndisclosedCity of Brookfield, WisconsinFirst Business Bank Added as City Depository · May 18, 2026UndisclosedTown of Adams, WisconsinFirst Business Bank Designated for County Funds · May 12, 2026UndisclosedTown of Adams, WisconsinFirst Business Bank Approved as County Depository · May 9, 2026UndisclosedGreen County, WisconsinFirst Business Bank Approved as County Depository · May 3, 2026UndisclosedAll First Business Bank contractsVendor profile

More City of Hermosa Beach contracts

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Questions about this contract

Who was awarded the financial services contract by City of Hermosa Beach?

First Business Bank was awarded this financial services contract by City of Hermosa Beach, as recorded on May 1, 2026. The contract value is $245,000.00.

How much is the First Business Bank contract with City of Hermosa Beach worth?

The First Business Bank contract with City of Hermosa Beach is valued at $245,000.00, 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 Hermosa Beach Treasurer's Report May 2026 (Report), dated May 1, 2026 from City of Hermosa Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First Business Bank hold?

First Business 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 Hermosa Beach currently buying?

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

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