FINANCIAL_SERVICESONGOING

City Maintains $3.55M AltaOne Checking Balance

The City of Ridgecrest maintains a checking account with AltaOne Federal Credit Union holding approximately $3.55 million at a reported 0% interest rate. This account represents around 4% of the City's total investment portfolio as of the latest quarterly report.

Status
ONGOING
Document date
July 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Altaone Federal Credit Union - Checking Account
Agency
City of Ridgecrest · 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
$3,554,657 (market value balance reported)
Contract type
FINANCIAL_SERVICES
Contract term
Ongoing demand deposit account; maturity N/A
Renewal
Standard bank demand deposit account; continues until the City closes or moves funds.
Document type
Agenda
Source document
City of Ridgecrest Finance Committee Agenda 2026-07-14

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Ridgecrest?

Altaone Federal Credit Union - Checking Account was awarded this financial services contract by City of Ridgecrest, as recorded on July 13, 2026. The contract value is $3,554,657 (market value balance reported).

How much is the Altaone Federal Credit Union - Checking Account contract with City of Ridgecrest worth?

The Altaone Federal Credit Union - Checking Account contract with City of Ridgecrest is valued at $3,554,657 (market value balance reported), covering financial services work.

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 Ridgecrest Finance Committee Agenda 2026-07-14 (Agenda), dated July 13, 2026 from City of Ridgecrest. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Altaone Federal Credit Union - Checking Account hold?

Altaone Federal Credit Union - Checking Account 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 Altaone Federal Credit Union - Checking Account's profile

What is City of Ridgecrest currently buying?

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

View City of Ridgecrest's profile

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