FINANCIAL_SERVICESPENDING

Public Money Market Account Proposed with Five Star Bank

Alpine County discussed opening a Public Money Market Account with Five Star Bank and included a proposed deposit contract beginning September 21, 2026. The account would match the monthly LAIF rate, currently 3.840%, with deposits subject to FDIC insurance or statutory collateralization and termination on 30 days’ notice.

Document date · September 21, 2026

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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
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Scope & details

The full contract record, as filed.

Contract amount
Maximum deposit of $473 million under the account offer; aggregate deposits not to exceed the Depository’s shareholder equity, stated in the contract as $445,832,000
Contract type
FINANCIAL_SERVICES
Contract term
Commencing September 21, 2026; terminable by either party upon 30 days’ written notice
Renewal
The Contract for Deposit of Monies may be terminated by either the Treasurer or Five Star Bank at any time upon 30 days’ written notice. The contract cancels and supersedes prior contracts relating to handling and collateralization of deposits.
Document type
AgendaPacket
Source document
County of Alpine AgendaPacket Special Meeting Agenda 2026-09-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Alpine County?

Five Star Bank was awarded this financial services contract by Alpine County, as recorded on September 21, 2026. The contract value is Maximum deposit of $473 million under the account offer; aggregate deposits not to exceed the Depository’s shareholder equity, stated in the contract as $445,832,000.

How much is the Five Star Bank contract with Alpine County worth?

The Five Star Bank contract with Alpine County is valued at Maximum deposit of $473 million under the account offer; aggregate deposits not to exceed the Depository’s shareholder equity, stated in the contract as $445,832,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in County of Alpine AgendaPacket Special Meeting Agenda 2026-09-21 (AgendaPacket), dated September 21, 2026 from Alpine County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Five Star Bank hold?

Five Star 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.

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