FINANCIAL_SERVICESAPPROVED

City of Hayward Awards Financial Services Contract to Edward Jones (March 2026)

The Hayward City Council authorized investing $472,240 in city funds with Edward Jones, allocating two certificates of deposit and a money market account at specified interest rates. This action follows legal confirmation that such investments are permissible for the city.

Status
APPROVED
Document date
March 9, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Edward Jones
Agency
City of Hayward · 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
$472,240 plus any interest accrued
Contract type
FINANCIAL_SERVICES
Contract term
One-year certificate of deposit at 3.75%, nine-month certificate of deposit at 3.80%, and ongoing money market account
Renewal
CDs will mature at one year and nine months respectively; funds may be reinvested or reallocated upon maturity at council direction. Money market account is ongoing until changed by council action.
Document type
Minutes
Source document
City of Hayward Council Meeting Minutes March 2026

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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 Hayward?

Edward Jones was awarded this financial services contract by City of Hayward, as recorded on March 9, 2026. The contract value is $472,240 plus any interest accrued.

How much is the Edward Jones contract with City of Hayward worth?

The Edward Jones contract with City of Hayward is valued at $472,240 plus any interest accrued, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Hayward Council Meeting Minutes March 2026 (Minutes), dated March 9, 2026 from City of Hayward. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Edward Jones hold?

Edward Jones 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 Edward Jones's profile

What is City of Hayward currently buying?

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

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