CONTRACTDISCUSSSED

HEDIC Explores Deposit Insurance Options with PeoplesBank

City of Holyoke logoCity of Holyoke
Document date
Feb 27, 2025

The 30-second brief

What it covers

HEDIC met with PeoplesBank to explore expanded deposit insurance options beyond FDIC limits, potentially through an Intra Cash Financial Services program. The board agreed to further research rates and coordinate with legal counsel and the City Treasurer before entering any arrangement.

Who holds it

PEOPLESBANK holds this financial services contract with City of Holyoke. Its other public contracts on record include work for Ludlow School District and Town of Glastonbury.

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Contract details

Contract type
Financial Services
Document date
February 27, 2025
Source document
city-of-holyoke-hedic-meeting-minutes-february-27-2025_b34.pdf (Minutes)

PEOPLESBANK's other public contracts

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Questions about this contract

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

PEOPLESBANK was awarded this financial services contract by City of Holyoke, as recorded on February 27, 2025.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-holyoke-hedic-meeting-minutes-february-27-2025_b34.pdf (Minutes), dated February 27, 2025 from City of Holyoke. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does PEOPLESBANK hold?

PEOPLESBANK 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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