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City of Dike Awards $210,000 Financial Services Contract to Peoples Savings Bank (May 2026)

City of Dike logoCity of Dike
Disclosed value
$210,000
From minutes
Approved
May 13, 2026
Term
3-month CD at 3.75%

The 30-second brief

What it covers

The City of Dike authorized placing $210,000 in ambulance loan funds into a 3‑month certificate of deposit with Peoples Savings Bank at 3.75%. The temporary investment will hold the funds until the new ambulance is delivered.

Who holds it

Peoples Savings Bank holds this financial services contract with City of Dike. Its other public contracts on record include work for Dike-New Hartford Community School District.

What happens next

Term as filed: 3-month CD at 3.75%.

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Contract details

Contract type
Financial Services
Amount
$210,000
Document date
May 13, 2026
Term
3-month CD at 3.75%
Vendor
Peoples Savings Bank
Agency
City of Dike
Source document
Dike City Council Minutes 2026-05-13 (Minutes)

Peoples Savings Bank's other public contracts

Dike-New Hartford Community School District, IowaDistrict to designate Peoples Savings Bank as depository · Jun 17, 2026Dike-New Hartford Community School District, IowaPeoples Savings Bank Designated as District Depository · Jun 17, 2026City of Dike, IowaCity Makes $41,000 Fire Truck Loan Payment to Peoples Savings Bank · May 13, 2026$41KCity of Dike, IowaAdditional 2024 Truck Loan Payment Made to Peoples Savings Bank · May 13, 2026$6KCity of Dike, IowaAdditional Fire Truck Loan Expense Paid to Peoples Savings Bank · May 13, 2026$4.4KAll Peoples Savings Bank contractsVendor profile

More City of Dike contracts

Impact Dike FoundationDike Council May Approve Impact Dike Foundation MOU · Oct 14, 2026UndisclosedFreed ConstructionDike Council to Consider Hail Damage Repair Contract · Oct 14, 2026UndisclosedWellmark Blue Cross and BlueWellmark Health Insurance Paid · Sep 9, 2026$1.5KPhysician's Claims CompanyPhysician's Claims May-June Billing Paid · Sep 9, 2026$258.7Access SystemsAccess Systems Library Copier Paid · Sep 9, 2026$364.8All City of Dike activityAgency profile

Questions about this contract

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

Peoples Savings Bank was awarded this financial services contract by City of Dike, as recorded on May 13, 2026. The contract value is $210,000.

How much is the Peoples Savings Bank contract with City of Dike worth?

The Peoples Savings Bank contract with City of Dike is valued at $210,000, covering financial services work.

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 Dike City Council Minutes 2026-05-13 (Minutes), dated May 13, 2026 from City of Dike. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Peoples Savings Bank hold?

Peoples Savings 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 Dike currently buying?

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

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