First Security Bank Letter Of Credit Option Under Review
Arch Cape Domestic Water Supply DistrictSpecial District · Arch Cape, OR- Disclosed value
- Up to $114,200 letter of credit support; preliminary one-year CD at 3.85% APY
- From agendapacket
- Document date
- Aug 20, 2026
- Term
- One year preliminary CD term
- Renews
- Free account
The 30-second brief
The District is evaluating First Security Bank’s preliminary bank option for the Asbury Creek project. The option would support up to $114,200 of financial assurance through a letter of credit, backed by a preliminary one-year CD proposal.
First Security Bank holds this financial services contract with Arch Cape Domestic Water Supply District. Its other public contracts on record include work for City of Little Rock and Big Sky School K-12.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $114,200 letter of credit support; preliminary one-year CD at 3.85% APY
- Document date
- August 20, 2026
- Term
- One year preliminary CD term
- Renews
- On record
- Vendor
- First Security Bank
- Source document
- Arch Cape Domestic Water Supply District AgendaPacket Board Meeting 2026-08-20 (AgendaPacket)
First Security Bank's other public contracts
More Arch Cape Domestic Water Supply District contracts
Questions about this contract
Who was awarded the financial services contract by Arch Cape Domestic Water Supply District?
First Security Bank was awarded this financial services contract by Arch Cape Domestic Water Supply District, as recorded on August 20, 2026. The contract value is Up to $114,200 letter of credit support; preliminary one-year CD at 3.85% APY.
How much is the First Security Bank contract with Arch Cape Domestic Water Supply District worth?
The First Security Bank contract with Arch Cape Domestic Water Supply District is valued at Up to $114,200 letter of credit support; preliminary one-year CD at 3.85% APY, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Arch Cape Domestic Water Supply District AgendaPacket Board Meeting 2026-08-20 (AgendaPacket), dated August 20, 2026 from Arch Cape Domestic Water Supply District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does First Security Bank hold?
First Security 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.
What is Arch Cape Domestic Water Supply District currently buying?
Explore Arch Cape Domestic Water Supply District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
