FINANCIAL_SERVICESPENDING

District Targets 5.14% CD Rollover At Alamosa State Bank

Sanford Public Schools is proposing to roll over existing CDs at Alamosa State bank from 1.25% and 2.5% interest rates to new certificates earning 5.14%. The change is intended to improve investment yields on district funds.

Status
PENDING
Document date
August 21, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Alamosa State Bank
Agency
Sanford School District 6J · CO

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Not specified; rollover from 1.25% and 2.5% to 5.14%
Renewal
Planned rollover of existing CDs into new certificates at 5.14% interest; specific maturity dates and term lengths are not provided.
Document type
Agenda
Source document
sanford_public_schools_board_of_education_meeting.pdf

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Sanford School District 6J?

Alamosa State Bank was awarded this financial services contract by Sanford School District 6J, as recorded on August 21, 2025.

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 sanford_public_schools_board_of_education_meeting.pdf (Agenda), dated August 21, 2025 from Sanford School District 6J. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Alamosa State Bank hold?

Alamosa State 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 Alamosa State Bank's profile

What is Sanford School District 6J currently buying?

Explore Sanford School District 6J's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Sanford School District 6J's profile

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