Committee Notes CD Investment With Citizens Trust Bank
City of AtlantaCity · Atlanta, GA- Document date
- Oct 13, 2022
The 30-second brief
The Defined Benefit Administrative Committee noted an existing Certificate of Deposit investment with Citizens Trust Bank that was purchased to diversify into minority banking institutions. The CD remains in place with a renewal date of January 1, highlighting ongoing use of external banking services for plan assets.
Citizens Trust Bank holds this financial services contract with City of Atlanta. Its other public contracts on record include work for Housing Authority of the city of Jonesboro and Charles Drew Charter Ja/Sr Academy.
Term as filed: Certificate of Deposit purchased over 10 years ago, renewal date January 1.
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Contract details
- Contract type
- Financial Services
- Document date
- October 13, 2022
- Term
- Certificate of Deposit purchased over 10 years ago, renewal date January 1
- Vendor
- Citizens Trust Bank
- Agency
- City of Atlanta
- Source document
- city_of_atlanta_defined_benefit_administrative_com.pdf (Minutes)
Citizens Trust Bank's other public contracts
More City of Atlanta contracts
Questions about this contract
Who was awarded the financial services contract by City of Atlanta?
Citizens Trust Bank was awarded this financial services contract by City of Atlanta, as recorded on October 13, 2022.
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 city_of_atlanta_defined_benefit_administrative_com.pdf (Minutes), dated October 13, 2022 from City of Atlanta. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Citizens Trust Bank hold?
Citizens Trust 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.
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What is City of Atlanta currently buying?
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