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City CD Investment With Beneficial Bank

City of Folsom logoCity of Folsom
Disclosed value
$247,000
From report
Document date
Sep 30, 2019
Term
October 18, 2022 maturity

The 30-second brief

What it covers

The City of Folsom holds a $247,000 CD with Beneficial Bank at 2.15% interest, maturing October 18, 2022.

Who holds it

Beneficial Bank holds this financial services contract with City of Folsom. Its other public contracts on record include work for Eatontown Public School District and Hazlet Township Public School District.

What happens next

Term as filed: October 18, 2022 maturity.

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Contract details

Contract type
Financial Services
Amount
$247,000
Document date
September 30, 2019
Term
October 18, 2022 maturity
Vendor
Beneficial Bank
Agency
City of Folsom
Source document
city_of_folsom_monthly_investment_report_september.pdf (Report)

Beneficial Bank's other public contracts

Eatontown Public School District, New JerseyBeneficial Bank Approved as School Depository · Apr 27, 2026UndisclosedHazlet Township Public School District, New JerseyBeneficial Bank Added As Approved Depository · Apr 27, 2026UndisclosedLumberton Township Board of Education, New JerseyBeneficial Bank Approved as School Depository · Jan 6, 2026UndisclosedTownship of Lumberton, New JerseyBeneficial Bank Included as Township Depository · Jan 5, 2026UndisclosedWillingboro Municipal Utilities Authority, New JerseyBeneficial Bank Paid For Financial Services · Dec 31, 2025$922.6KAll Beneficial Bank contractsVendor profile

More City of Folsom contracts

Enterprise Fleet ManagementFolsom Discusses Potential Fleet Services With Enterprise · Oct 20, 2026UndisclosedMintier HarnishFolsom Considers $248,372 Zoning Code Consulting Agreement · Oct 13, 2026$248.4KArrow Drillers Inc Dba Arrow ConstructionArrow Construction Crack Seal Agreement Considered · Oct 13, 2026$185KDewberry IncDewberry Construction Management Contract Ratified · Oct 13, 2026Lhoist North America of Arizona IncFolsom Considers $90,000 Lhoist Lime Supply Amendment · Oct 13, 2026$90KAll City of Folsom activityAgency profile

Questions about this contract

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

Beneficial Bank was awarded this financial services contract by City of Folsom, as recorded on September 30, 2019. The contract value is $247,000.

How much is the Beneficial Bank contract with City of Folsom worth?

The Beneficial Bank contract with City of Folsom is valued at $247,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city_of_folsom_monthly_investment_report_september.pdf (Report), dated September 30, 2019 from City of Folsom. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Beneficial Bank hold?

Beneficial 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 Folsom currently buying?

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

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