City of San Joaquin Agenda Packet 2026-06-09
City Approves Community West Bank for City Banking
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Description
The City of San Joaquin approved an agreement with Community West Bank for municipal banking services, replacing United Security Bank. The contract allows deposits up to $3.5 million, with a one-year transition.
Contract Details
Contract Amount
Not to exceed $3,500,000 (on deposit at any one time)
Vendor
COMMUNITY WEST BANK
Agency
City of San Joaquin, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 9, 2026
Contract Term
Effective April 1, 2026; 30-day written notice for termination
Renewal Info
Supersedes previous banking agreements; can be terminated by either party with 30 days’ written notice.
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