FINANCIAL_SERVICESONGOING

City Places $6.1M CDARS Deposit with Citizens Bank of Edmond

The City of Edmond has invested about $6.1 million in an insured CDARS time deposit at Citizens Bank of Edmond, maturing February 4, 2027. The placement supports a local institution while fitting within the City’s investment policy.

Status
ONGOING
Document date
May 31, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Citizens Bank of Edmond
Agency
unspecified agency · OK

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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
$6,072,841.77 (CDARS balance as of 5/31/2026)
Contract type
FINANCIAL_SERVICES
Contract term
February 5, 2026 – February 4, 2027 (maturity noted as 2/4/2027)
Renewal date
2027-02-04
Renewal
CDARS deposit may be subject to automatic renewal at maturity; specific renewal instructions are not disclosed in the report.
Document type
Report
Source document
City of Edmond Monthly Investment Report 2026-05-31

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by unspecified agency?

Citizens Bank of Edmond was awarded this financial services contract by unspecified agency, as recorded on May 31, 2026. The contract value is $6,072,841.77 (CDARS balance as of 5/31/2026).

How much is the Citizens Bank of Edmond contract with unspecified agency worth?

The Citizens Bank of Edmond contract with unspecified agency is valued at $6,072,841.77 (CDARS balance as of 5/31/2026), 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 Edmond Monthly Investment Report 2026-05-31 (Report), dated May 31, 2026 from unspecified agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Citizens Bank of Edmond hold?

Citizens Bank of Edmond 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 Citizens Bank of Edmond's profile

What is unspecified agency currently buying?

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

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