FINANCIAL_SERVICESONGOING

Discover Bank CD Held in City Portfolio

Del Mar’s investment portfolio includes a $246,000 certificate of deposit with Discover Bank yielding 3.150%, maturing June 14, 2027. The CD supports stable interest earnings for the City.

Status
ONGOING
Document date
February 18, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Discover Bank
Agency
City of Del Mar · 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
$246,000
Contract type
FINANCIAL_SERVICES
Contract term
Certificate of deposit maturing June 14, 2027
Renewal date
2027-06-14
Document type
Agenda
Source document
City of Del Mar Finance Committee Meeting Agenda February 18, 2026

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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 Del Mar?

Discover Bank was awarded this financial services contract by City of Del Mar, as recorded on February 18, 2026. The contract value is $246,000.

How much is the Discover Bank contract with City of Del Mar worth?

The Discover Bank contract with City of Del Mar is valued at $246,000, 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 Del Mar Finance Committee Meeting Agenda February 18, 2026 (Agenda), dated February 18, 2026 from City of Del Mar. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Discover Bank hold?

Discover 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 Discover Bank's profile

What is City of Del Mar currently buying?

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

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