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Discover Bank CD Held by La Puente

City of La Puente logoCity of La Puente
Disclosed value
$245,000 (face value)
From report
Document date
Aug 31, 2025
Term
07/14/22 – 07/20/27
Renews
Free account

The 30-second brief

What it covers

The City invested $245,000 in a negotiable certificate of deposit with Discover Bank at 3.35% interest through Stifel. The CD matures on July 20, 2027.

Who holds it

Discover Bank holds this financial services contract with City of La Puente. Its other public contracts on record include work for Dundy County and Starr County.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of La Puente contract.

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Contract details

Contract type
Financial Services
Amount
$245,000 (face value)
Document date
August 31, 2025
Term
07/14/22 – 07/20/27
Renews
Free account
Vendor
Discover Bank
Agency
City of La Puente
Source document
city-of-la-puente-cash-and-investment-report-august-31-2025_de5.pdf (Report)

Discover Bank's other public contracts

Dundy County, NebraskaDundy County Approves Discover Bank Garnishment Payment · Aug 3, 2026$382.8Starr County, TexasDiscover Bank Seeks Receiver in Svenningsen Case · Aug 3, 2026UndisclosedStarr County, TexasCourt Hears Discover Bank Post-Judgment Receiver Motion · Aug 3, 2026UndisclosedDundy County, NebraskaDiscover Bank garnishment payment approved · Jul 20, 2026$421Dundy County, NebraskaGarnishment-Related Payment to Discover Bank Approved · May 18, 2026$504.3All Discover Bank contractsVendor profile

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Mark’s WeldingPaws and Play Park Signage Contract Approved · Oct 13, 2026$36.5KWilldan Financial ServicesCity Pays Willdan for Bond Reporting Services · Oct 13, 2026$1.7KCircuit Transit IncLa Puente Approves Amended Circuit Transit Agreement · Oct 13, 2026Employ AmericaCity Pays Employ America for Shelter Maintenance · Oct 13, 2026$4.5KBola Prep Academy IncCity Approves Bola Prep Community Center Agreement · Oct 13, 2026UndisclosedAll City of La Puente activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of La Puente?

Discover Bank was awarded this financial services contract by City of La Puente, as recorded on August 31, 2025. The contract value is $245,000 (face value).

How much is the Discover Bank contract with City of La Puente worth?

The Discover Bank contract with City of La Puente is valued at $245,000 (face value), 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-la-puente-cash-and-investment-report-august-31-2025_de5.pdf (Report), dated August 31, 2025 from City of La Puente. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Discover Bank hold?

Discover 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 City of La Puente currently buying?

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

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