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CD Investment With Investors Bank

City of Folsom logoCity of Folsom
Disclosed value
$247,000
From report
Document date
Sep 30, 2019
Term
December 28, 2020 maturity

The 30-second brief

What it covers

The City holds a $247,000 CD with Investors Bank at 2.10%, maturing December 28, 2020, as part of its fixed-income investments.

Who holds it

Investors Bank holds this financial services contract with City of Folsom. Its other public contracts on record include work for Kings Park Central School District and Borough of Pennington.

What happens next

Term as filed: December 28, 2020 maturity.

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Contract details

Contract type
Financial Services
Amount
$247,000
Document date
September 30, 2019
Term
December 28, 2020 maturity
Vendor
Investors Bank
Agency
City of Folsom
Source document
city_of_folsom_monthly_investment_report_september.pdf (Report)

Investors Bank's other public contracts

Kings Park Central School District, New YorkInvestors Bank Approved as Official Depository · Jul 7, 2026UndisclosedKings Park Central School District, New YorkInvestors Bank Approved as District Depository · Jul 6, 2026UndisclosedBorough of Pennington, New JerseyPennington Retains Investors Bank as Official Depository · Jun 1, 2026UndisclosedBorough of Pennington, New JerseyInvestors Bank Renewed as Borough Depository · May 26, 2026UndisclosedEast Orange School District, New JerseyInvestors Bank Selected as District Depository · May 16, 2026UndisclosedAll Investors Bank contractsVendor profile

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Questions about this contract

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

Investors 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 Investors Bank contract with City of Folsom worth?

The Investors 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 Investors Bank hold?

Investors 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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