NYCLASS Holds $54 Million Preferred Bank Deposit
Broadalbin-Perth Central School DistrictSchool · Broadalbin, NY- Disclosed value
- $53,951,730.52
- From report
- Document date
- Jun 30, 2026
The 30-second brief
NYCLASS maintained a $53,951,730.52 FDIC-insured bank deposit with Preferred Bank. The deposit was listed as 100%+ collateralized as of June 30, 2026.
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: Ongoing FDIC-insured bank deposit; maturity shown as V 1.
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Contract details
- Contract type
- Financial Services
- Amount
- $53,951,730.52
- Document date
- June 30, 2026
- Term
- Ongoing FDIC-insured bank deposit; maturity shown as V 1
- Vendor
- Preferred Bank
- Source document
- New York Cooperative Liquid Assets Securities System Report NYCLASS Collateral 2026-06-30 (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 June 30, 2026. The contract value is $53,951,730.52.
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 $53,951,730.52, 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 New York Cooperative Liquid Assets Securities System Report NYCLASS Collateral 2026-06-30 (Report), dated June 30, 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.