FINANCIAL_SERVICESAWARDED

City of Marion Awards $5,000,000 Financial Services Contract to Cedar Rapids Bank & Trust (December 2025)

Cedar Rapids Bank & Trust was awarded a $5,000,000 certificate of deposit at a 3.75% rate for the City of Marion's investment program in November 2025.

Status
AWARDED
Document date
December 2, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Cedar Rapids Bank & Trust
Agency
City of Marion · AL

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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
$5,000,000
Contract type
FINANCIAL_SERVICES
Document type
Minutes
Source document
Investment Oversight Committee Meeting Minutes - December 2, 2025

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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 Marion?

Cedar Rapids Bank & Trust was awarded this financial services contract by City of Marion, as recorded on December 2, 2025. The contract value is $5,000,000.

How much is the Cedar Rapids Bank & Trust contract with City of Marion worth?

The Cedar Rapids Bank & Trust contract with City of Marion is valued at $5,000,000, 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 Investment Oversight Committee Meeting Minutes - December 2, 2025 (Minutes), dated December 2, 2025 from City of Marion. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cedar Rapids Bank & Trust hold?

Cedar Rapids Bank & Trust 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 Cedar Rapids Bank & Trust's profile

What is City of Marion currently buying?

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

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