CD Investment Strategy Recommended With East West Bank
City of Heath cityCity · Heath, TX- Document date
- Jul 21, 2026
The 30-second brief
The City's investment advisor has recommended placing portions of the 2026 bond proceeds in laddered certificates of deposit with East West Bank, using six- to twenty-one-month maturities to balance yield and liquidity. This banking relationship is intended to improve earnings while supporting upcoming project cash flows.
East West Bank holds this financial services contract with City of Heath city. Its other public contracts on record include work for Ypi Charter Schools and Aims K-12 College Prep Charter District.
Term as filed: Staggered CD maturities from six to twenty-one months.
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Contract details
- Contract type
- Financial Services
- Document date
- July 21, 2026
- Term
- Staggered CD maturities from six to twenty-one months
- Vendor
- East West Bank
- Agency
- City of Heath city
- Source document
- City of Heath Preliminary Proposed Budget and Plan of Municipal Services 2026-07-21 (Budget)
East West Bank's other public contracts
More City of Heath city contracts
Questions about this contract
Who was awarded the financial services contract by City of Heath city?
East West Bank was awarded this financial services contract by City of Heath city, as recorded on July 21, 2026.
What type of contract is this?
This is a Financial Services contract, documented as a budget record.
Where was this contract approved?
This contract appears in City of Heath Preliminary Proposed Budget and Plan of Municipal Services 2026-07-21 (Budget), dated July 21, 2026 from City of Heath city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does East West Bank hold?
East West 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.
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What is City of Heath city currently buying?
Explore City of Heath city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
