East West Bank Included in Bond Proceeds CD Strategy

Valley View Consulting recommended using East West Bank as one of the institutions for a laddered certificate of deposit strategy to invest proceeds from the City's $41.5 million Certificates of Obligation, Series 2026. The CDs will have staggered maturities between six and twenty-one months to support project cash flow needs.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Certificate of deposit maturities ranging from six to twenty-one months

Renewal

Laddered CDs with maturities between six and twenty-one months will roll off as they mature; future reinvestment decisions will be evaluated by Valley View Consulting based on liquidity needs and investment policy.

Document type

Minutes

Source document

Heath Finance & Audit Advisory Board Minutes 2026-06-24

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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 Heath city?

East West Bank was awarded this financial services contract by City of Heath city, as recorded on June 24, 2026.

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 Heath Finance & Audit Advisory Board Minutes 2026-06-24 (Minutes), dated June 24, 2026 from City of Heath city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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