Civic IQ
CONTRACTONGOING
Get alerts

City’s First Business Bank CD Turns Positive in Value

City of Hermosa Beach logoCity of Hermosa Beach
Disclosed value
$245,000.00
From report
Document date
Jul 1, 2025
Term
02/15/2023 – 02/15/2028
Renews
Free account

The 30-second brief

What it covers

Hermosa Beach’s $245,000 CD with First Business Bank maturing February 15, 2028 now delivers an unrealized gain as reported in September 2025.

Who holds it

First Business Bank holds this financial services contract with City of Hermosa Beach. Its other public contracts on record include work for Town of Adams and City of Brookfield.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Hermosa Beach contract.

Renewal date on recordLocked

Know when this contract comes back up.

See the renewal date

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
$245,000.00
Document date
July 1, 2025
Term
02/15/2023 – 02/15/2028
Renews
Free account
Vendor
First Business Bank
Agency
City of Hermosa Beach
Source document
treasurers_report_july_2025_city_of_hermosa_beach.pdf (Report)

First Business Bank's other public contracts

Town of Adams, WisconsinBoard Approves First Business Bank as Investment Depository · Jun 9, 2026UndisclosedCity of Brookfield, WisconsinFirst Business Bank Added as City Depository · May 18, 2026UndisclosedTown of Adams, WisconsinFirst Business Bank Designated for County Funds · May 12, 2026UndisclosedTown of Adams, WisconsinFirst Business Bank Approved as County Depository · May 9, 2026UndisclosedGreen County, WisconsinFirst Business Bank Approved as County Depository · May 3, 2026UndisclosedAll First Business Bank contractsVendor profile

More City of Hermosa Beach contracts

Association of Volleyball Professionals (Avp) LLCHermosa Beach Expands Association of Volleyball Professionals Agreement · Oct 13, 2026UndisclosedAVPAVP Event Programming Agreement Amendment Considered · Oct 13, 2026UndisclosedTURBODATAHermosa Beach Expanded Citation Services with TurboData · Oct 13, 2026UndisclosedAmateur Athletic Union (Aau)Hermosa Beach Expands Amateur Athletic Union Event Agreement · Oct 13, 2026UndisclosedAAUHermosa Beach Considers Expanded AAU Event Agreement · Oct 13, 2026UndisclosedAll City of Hermosa Beach activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Hermosa Beach?

First Business Bank was awarded this financial services contract by City of Hermosa Beach, as recorded on July 1, 2025. The contract value is $245,000.00.

How much is the First Business Bank contract with City of Hermosa Beach worth?

The First Business Bank contract with City of Hermosa Beach is valued at $245,000.00, 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 treasurers_report_july_2025_city_of_hermosa_beach.pdf (Report), dated July 1, 2025 from City of Hermosa Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does First Business Bank hold?

First Business 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 Hermosa Beach currently buying?

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

Work in government? Get Civic IQ free →
More City of Hermosa Beach contracts →Browse all agencies in California →