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Beal Bank CD in City's Fixed-Income Portfolio

City of La Puente logoCity of La Puente
Disclosed value
$248,000
From report
Document date
Jun 30, 2025
Term
03/01/2022 – 03/03/2027
Renews
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The 30-second brief

What it covers

The City holds a $248,000 negotiable certificate of deposit with Beal Bank at 2.05% interest, maturing March 3, 2027. This investment supports steady interest income for the City.

Who holds it

Beal Bank holds this financial services contract with City of La Puente. Its other public contracts on record include work for North Carolina Real Estate Commission | State of North Carolina and City of Azusa.

What happens next

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Contract details

Contract type
Financial Services
Amount
$248,000
Document date
June 30, 2025
Term
03/01/2022 – 03/03/2027
Renews
On record
Vendor
Beal Bank
Agency
City of La Puente
Source document
city-of-la-puente-cash-and-investment-report-june-30-2025_8b2.pdf (Report)

Beal Bank's other public contracts

North Carolina Real Estate Commission | State of North Carolina, North CarolinaCommission Holds Beal Bank Certificate · Aug 19, 2026$240KCity of Azusa, CaliforniaAzusa Holds Beal Bank Certificate Of Deposit · Mar 2, 2026North Carolina Real Estate Commission | State of North Carolina, North CarolinaCommission Lists Beal Bank Investment · Feb 18, 2026North Carolina Real Estate Commission | State of North Carolina, North CarolinaCommission Holds Beal Bank Certificate Deposit · Dec 17, 2025$240KGalveston County Mud 32, TexasBeal Bank Approved as Authorized Depository · Nov 13, 2025UndisclosedAll Beal Bank contractsVendor profile

More City of La Puente contracts

Guerreros Athletic FoundationFoundation Considers $1,500 Guerreros Judo Sponsorship · Oct 28, 2026$1.5KTick-tock Express Car Wash IncLa Puente Pays Tick-Tock for Fleet Car Washes · Oct 27, 2026$210Franklin Air Conditioning &La Puente Pays Franklin for Air-Conditioning Repairs · Oct 27, 2026$2.7KLos Angeles Gateway Region Integrated Regional Water Management Joint Powers AuthorityLa Puente Recommends Regional Water Monitoring Agreement · Oct 27, 2026UndisclosedStanley Pest Control IncLa Puente Pays Stanley Pest Control for Service · Oct 27, 2026$85All City of La Puente activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of La Puente?

Beal Bank was awarded this financial services contract by City of La Puente, as recorded on June 30, 2025. The contract value is $248,000.

How much is the Beal Bank contract with City of La Puente worth?

The Beal Bank contract with City of La Puente is valued at $248,000, 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-la-puente-cash-and-investment-report-june-30-2025_8b2.pdf (Report), dated June 30, 2025 from City of La Puente. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Beal Bank hold?

Beal 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 La Puente currently buying?

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

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