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Utility to Pursue Short-Term Bond Investments via IberiaBank

City of Springdale logoCity of Springdale
Document date
Oct 21, 2025

The 30-second brief

What it covers

Springdale Water Utilities plans to engage IberiaBank’s wealth management team to invest cash reserves in a short-term bond liquidity program. The commission advised staff to proceed with the proposal to improve investment returns while maintaining liquidity.

Who holds it

IBERIABANK holds this financial services contract with City of Springdale. Its other public contracts on record include work for Greater Naples Fire Rescue District and Calcasieu Parish.

What happens next

Term as filed: Short-term bond liquidity program (duration not specified).

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Contract details

Contract type
Financial Services
Document date
October 21, 2025
Term
Short-term bond liquidity program (duration not specified)
Vendor
IBERIABANK
Agency
City of Springdale
Source document
springdale_water_and_sewer_commission_meeting_minu.pdf (Minutes)

IBERIABANK's other public contracts

Greater Naples Fire Rescue District, FloridaIberiaBank Facility Loan Listed In District Budget · Oct 1, 2026UndisclosedCalcasieu Parish, LouisianaFiscal agent banking contract assignment approved · Dec 18, 2025UndisclosedGreater Naples Fire Rescue District, FloridaIberiabank Loan Funds Fire Station Construction/Refinance · Sep 30, 2023Upper Arlington City Schools, OhioIberiabank CD Investment Reported · Jan 31, 2023$247.5KUpper Arlington City Schools, OhioSchool District CD Investment with Iberiabank · Dec 31, 2022$248KAll IBERIABANK contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Springdale?

IBERIABANK was awarded this financial services contract by City of Springdale, as recorded on October 21, 2025.

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 springdale_water_and_sewer_commission_meeting_minu.pdf (Minutes), dated October 21, 2025 from City of Springdale. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does IBERIABANK hold?

IBERIABANK 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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What is City of Springdale currently buying?

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

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