FINANCIAL_SERVICESONGOING

District Opens Two New CDs With Schwab

The district opened two new certificates of deposit with Schwab, each for $50,000, with terms of six and twelve months at interest rates of 3.85% and 3.75%. These investment actions are intended to manage and grow district funds.

Status
ONGOING
Document date
October 15, 2025
Contract type
FINANCIAL_SERVICES
Vendor
SCHWAB
Agency
Lancaster Public School District · MN

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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
two new CDs of $50,000 each
Contract type
FINANCIAL_SERVICES
Contract term
6‑month CD and 12‑month CD
Renewal
CDs will mature at the end of their respective 6‑month and 12‑month terms, at which time they can be renewed or reallocated.
Document type
Minutes
Source document
lancaster-school-district-board-meeting-minutes-october-15-2025_ce0.md

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Lancaster Public School District?

SCHWAB was awarded this financial services contract by Lancaster Public School District, as recorded on October 15, 2025. The contract value is two new CDs of $50,000 each.

How much is the SCHWAB contract with Lancaster Public School District worth?

The SCHWAB contract with Lancaster Public School District is valued at two new CDs of $50,000 each, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in lancaster-school-district-board-meeting-minutes-october-15-2025_ce0.md (Minutes), dated October 15, 2025 from Lancaster Public School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does SCHWAB hold?

SCHWAB may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Lancaster Public School District currently buying?

Explore Lancaster Public School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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