FINANCIAL_SERVICESONGOING

$8M Standby Letter Of Credit For Deposits

Bethpage Water District reported a standby letter of credit from the Federal Home Loan Bank of New York supporting ConnectOne Bank, collateralizing up to $8 million in district funds. The arrangement strengthens the security of the district’s deposits.

Status
ONGOING
Document date
June 26, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Federal Home Loan Bank of New York
Agency
Bethpage Wd · NY

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 amount
up to $8,000,000.00
Contract type
FINANCIAL_SERVICES
Renewal
The standby letter of credit has a maximum aggregate amount of $8,000,000.00; specific expiration or renewal dates are not mentioned.
Document type
Minutes
Source document
bethpage-water-district-meeting-minutes-june-26-2025_a1e.pdf

Related contracts

Other contracts from Federal Home Loan Bank of New York.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Bethpage Wd?

Federal Home Loan Bank of New York was awarded this financial services contract by Bethpage Wd, as recorded on June 26, 2025. The contract value is up to $8,000,000.00.

How much is the Federal Home Loan Bank of New York contract with Bethpage Wd worth?

The Federal Home Loan Bank of New York contract with Bethpage Wd is valued at up to $8,000,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in bethpage-water-district-meeting-minutes-june-26-2025_a1e.pdf (Minutes), dated June 26, 2025 from Bethpage Wd. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Federal Home Loan Bank of New York hold?

Federal Home Loan Bank of New York 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 Federal Home Loan Bank of New York's profile

What is Bethpage Wd currently buying?

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

View Bethpage Wd'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