City of Holyoke Awards $500,000 Financial Services Contract to PEOPLESBANK (February 2025)
City of HolyokeCity · CO- Disclosed value
- $500,000
- From minutes
- Approved
- Feb 27, 2025
The 30-second brief
HEDIC reviewed its PeoplesBank money market and CD accounts and authorized transferring $500,000 from the money market account toward an investment portfolio managed by Flynn Financial, while also entering an Intra Fi deposit insurance arrangement for larger deposits. These actions restructure the corporation’s banking and deposit protection strategy.
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
- Amount
- $500,000
- Document date
- February 27, 2025
- Vendor
- PEOPLESBANK
- Agency
- City of Holyoke
- 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. The contract value is $500,000.
How much is the PEOPLESBANK contract with City of Holyoke worth?
The PEOPLESBANK contract with City of Holyoke is valued at $500,000, covering financial services work.
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.
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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.
What is City of Holyoke currently buying?
Explore City of Holyoke's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.