BankUnited CD featured in city investment portfolio
City of FairmontCity · Fairmont, MN- Disclosed value
- $245,000.00 (CD)
- From agenda
- Document date
- Jan 27, 2025
- Term
- April 14, 2021 – April 15, 2024
The 30-second brief
Fairmont invested $245,000 in a CD with BankUnited at 0.45% interest, providing monthly interest income through its April 15, 2024 maturity. The investment is part of the city’s diversified portfolio.
BANKUNITED holds this financial services contract with City of Fairmont. Its other public contracts on record include work for Beacon Lakes Community Development District and Delaware-Chenango-Madison-Otsego Boces.
Term as filed: April 14, 2021 – April 15, 2024.
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Contract details
- Contract type
- Financial Services
- Amount
- $245,000.00 (CD)
- Document date
- January 27, 2025
- Term
- April 14, 2021 – April 15, 2024
- Vendor
- BANKUNITED
- Agency
- City of Fairmont
- Source document
- city-of-fairmont-agenda-2025-01-27_647.pdf (Agenda)
BANKUNITED's other public contracts
More City of Fairmont contracts
Questions about this contract
Who was awarded the financial services contract by City of Fairmont?
BANKUNITED was awarded this financial services contract by City of Fairmont, as recorded on January 27, 2025. The contract value is $245,000.00 (CD).
How much is the BANKUNITED contract with City of Fairmont worth?
The BANKUNITED contract with City of Fairmont is valued at $245,000.00 (CD), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-fairmont-agenda-2025-01-27_647.pdf (Agenda), dated January 27, 2025 from City of Fairmont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does BANKUNITED hold?
BANKUNITED 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 Fairmont currently buying?
Explore City of Fairmont's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.