CONTRACTAPPROVED

City of Daly Awards $2,000,000 Financial Services Contract to Federal Farm Credit Bank (October 2026)

City of Daly logoCity of Daly
Disclosed value
$2,000,000.00
From agendapacket
Approved
Oct 26, 2026

The 30-second brief

What it covers

Daly City reported a $2 million General Fund investment in a Federal Farm Credit Bank security at a 4.375% stated rate. The purchase appeared in the City's third-quarter 2026 investment report.

Who holds it

Federal Farm Credit Bank holds this financial services contract with City of Daly. Its other public contracts on record include work for Lorain County and Sheboygan County.

What happens next

Term as filed: Purchased July 2026; maturity July 6, 2026.

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Contract details

Contract type
Financial Services
Amount
$2,000,000.00
Document date
October 26, 2026
Term
Purchased July 2026; maturity July 6, 2026
Source document
City of Daly City AgendaPacket 2026-10-26 (AgendaPacket)

Federal Farm Credit Bank's other public contracts

More City of Daly contracts

Questions about this contract

Who was awarded the financial services contract by City of Daly?

Federal Farm Credit Bank was awarded this financial services contract by City of Daly, as recorded on October 26, 2026. The contract value is $2,000,000.00.

How much is the Federal Farm Credit Bank contract with City of Daly worth?

The Federal Farm Credit Bank contract with City of Daly is valued at $2,000,000.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Daly City AgendaPacket 2026-10-26 (AgendaPacket), dated October 26, 2026 from City of Daly. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Federal Farm Credit Bank hold?

Federal Farm Credit 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 City of Daly currently buying?

Explore City of Daly's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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