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FINANCIAL_SERVICESAPPROVED

City of San Joaquin Agenda Packet 2026-06-09

Banking Agreement Transitioned to Community West Bank

$3,500,000 (maximum on deposit, per contract)City of San JoaquinCOMMUNITY WEST BANKJune 9, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
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Description

The City Council approved a new banking services agreement with Community West Bank to replace United Security Bank during a yearlong transition period beginning April 2026.

Contract Details

Contract Amount

$3,500,000 (maximum on deposit, per contract)

Vendor

COMMUNITY WEST BANK

Agency

City of San Joaquin, CA

Contract Type

FINANCIAL_SERVICES

Document Date

June 9, 2026

Contract Term

commencing April 1, 2026; yearlong transition

Renewal Info

Replaces all prior banking agreements; contract effective beginning April 2026. Either party may terminate upon 30 days written notice.

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