Civic IQ
FINANCIAL_SERVICESAPPROVED

Longwood City Commission Agenda May 2026

City Invests $2 Million CD With One Florida Bank

$2,000,000City of LongwoodONE FLORIDA BANKMay 4, 2026

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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
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City Commission will approve investing $2,000,000 in a 3‑month Certificate of Deposit with One Florida Bank. This short-term investment is part of the City's cash and investment management strategy.

Contract Details

Contract Amount

$2,000,000

Vendor

ONE FLORIDA BANK

Agency

City of Longwood, FL

Contract Type

FINANCIAL_SERVICES

Document Date

May 4, 2026

Contract Term

3-month Certificate of Deposit

Renewal Info

CD matures after three months; reinvestment or rollover would require a separate action or follow-on instruction with the bank.

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