FINANCIAL_SERVICESONGOING

District investment portfolio managed by Zion Bank

Purissima Hills Water District continues its investment relationship with Zion Bank through March 31, 2026, using a portfolio of U.S. Treasury notes and money market funds. The account generated $377,153 in earnings before its planned closure and transfer of funds to LAIF in early April 2026.

Status
ONGOING
Document date
February 28, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Zion Bank
Agency
Purissima Hills Water District · CA

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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
July 20, 2023 – March 31, 2026
Renewal date
2026-03-31
Renewal
Investment account closed April 2, 2026 after final Treasury notes matured on March 31, 2026; proceeds transferred to LAIF. Any renewal would require a new investment agreement.
Document type
Report
Source document
Purissima Hills Water District Monthly Fiscal Report February 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 Purissima Hills Water District?

Zion Bank was awarded this financial services contract by Purissima Hills Water District, as recorded on February 28, 2026.

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 Purissima Hills Water District Monthly Fiscal Report February 2026 (Report), dated February 28, 2026 from Purissima Hills Water District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Zion Bank hold?

Zion 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 Zion Bank's profile

What is Purissima Hills Water District currently buying?

Explore Purissima Hills Water District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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