NYCLASS ICS Deposit Placed With Preferred Bank
Broadalbin-Perth Central School DistrictSchool · Broadalbin, NY- Disclosed value
- $52,134,468.20
- From report
- Document date
- Jan 1, 2026
The 30-second brief
NYCLASS maintains an overnight ICS deposit of roughly $52 million with Preferred Bank in Los Angeles as part of its collateralized banking program. The deposit supports short-term liquidity needs for NYCLASS participants.
Preferred Bank holds this financial services contract with Broadalbin-Perth Central School District. Its other public contracts on record include work for Burnet Consolidated ISD and Mundelein ESD 75.
Term as filed: Overnight, variable rate deposit (1 day maturity/reset).
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Contract details
- Contract type
- Financial Services
- Amount
- $52,134,468.20
- Document date
- January 1, 2026
- Term
- Overnight, variable rate deposit (1 day maturity/reset)
- Vendor
- Preferred Bank
- Source document
- NYCLASS Special Report NYCLASS Collateral 2026-01-01 (Report)
Preferred Bank's other public contracts
More Broadalbin-Perth Central School District contracts
Questions about this contract
Who was awarded the financial services contract by Broadalbin-Perth Central School District?
Preferred Bank was awarded this financial services contract by Broadalbin-Perth Central School District, as recorded on January 1, 2026. The contract value is $52,134,468.20.
How much is the Preferred Bank contract with Broadalbin-Perth Central School District worth?
The Preferred Bank contract with Broadalbin-Perth Central School District is valued at $52,134,468.20, 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 NYCLASS Special Report NYCLASS Collateral 2026-01-01 (Report), dated January 1, 2026 from Broadalbin-Perth Central School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Preferred Bank hold?
Preferred 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 Broadalbin-Perth Central School District currently buying?
Explore Broadalbin-Perth Central School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.