FINANCIAL_SERVICESAWARDED

City of Hermosa Beach Awards Financial Services Contract to Multi-bank Securities Inc (June 2026)

Multi-Bank Securities, Inc. was awarded an on-call broker/dealer services contract by the City, running through June 30, 2029, with two optional one-year extensions. The firm will assist with executing investment transactions for City funds.

Status
AWARDED
Document date
June 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Multi-bank Securities Inc
Agency
City of Hermosa Beach · CA

Trusted by teams at

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
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 type
FINANCIAL_SERVICES
Contract term
Three years ending June 30, 2029, with option for two one-year extensions
Renewal date
2029-06-30
Renewal
Initial three-year term to June 30, 2029, with two one-year extension options at the City's discretion.
Document type
Agenda
Source document
City of Hermosa Beach City Council Regular Meeting Agenda 2026-06-23

Related contracts

Other contracts from Multi-bank Securities Inc.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Hermosa Beach?

Multi-bank Securities Inc was awarded this financial services contract by City of Hermosa Beach, as recorded on June 23, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Hermosa Beach City Council Regular Meeting Agenda 2026-06-23 (Agenda), dated June 23, 2026 from City of Hermosa Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Multi-bank Securities Inc hold?

Multi-bank Securities Inc 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 Multi-bank Securities Inc's profile

What is City of Hermosa Beach currently buying?

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

View City of Hermosa Beach's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free