FINANCIAL_SERVICESONGOING

Amerant Bank CD Investment by City

The City holds a $248,000 negotiable certificate of deposit with Amerant Bank at 1.60% interest through Stifel. This CD matures on February 16, 2027.

Status
ONGOING
Document date
August 31, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Amerant Bank
Agency
City of La Puente · CA

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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
$248,000 (face value)
Contract type
FINANCIAL_SERVICES
Contract term
02/14/22 – 02/16/27
Renewal date
2027-02-16
Renewal
Redemption or reinvestment will occur at maturity on 2027-02-16.
Document type
Report
Source document
city-of-la-puente-cash-and-investment-report-august-31-2025_de5.pdf

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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 La Puente?

Amerant Bank was awarded this financial services contract by City of La Puente, as recorded on August 31, 2025. The contract value is $248,000 (face value).

How much is the Amerant Bank contract with City of La Puente worth?

The Amerant Bank contract with City of La Puente is valued at $248,000 (face value), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-la-puente-cash-and-investment-report-august-31-2025_de5.pdf (Report), dated August 31, 2025 from City of La Puente. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Amerant Bank hold?

Amerant 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 Amerant Bank's profile

What is City of La Puente currently buying?

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

View City of La Puente's profile

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