CONTRACTONGOING

City Holds CD with Live Oak Bank

City of La Puente logoCity of La Puente
Disclosed value
$249,000
From report
Document date
Jun 30, 2025
Term
10/04/2021 – 10/19/2026

The 30-second brief

What it covers

The City maintains a $249,000 negotiable certificate of deposit with Live Oak Bank at 0.90% interest, maturing October 19, 2026. This investment supports the City's long-term cash management strategy.

Who holds it

Live Oak Bank holds this financial services contract with City of La Puente. Its other public contracts on record include work for Wilmington Airport Authority and New Hanover County.

What happens next

Term as filed: 10/04/2021 – 10/19/2026.

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Contract details

Contract type
Financial Services
Amount
$249,000
Document date
June 30, 2025
Term
10/04/2021 – 10/19/2026
Source document
city-of-la-puente-cash-and-investment-report-june-30-2025_8b2.pdf (Report)

Live Oak Bank's other public contracts

More City of La Puente contracts

Questions about this contract

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

Live Oak Bank was awarded this financial services contract by City of La Puente, as recorded on June 30, 2025. The contract value is $249,000.

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

The Live Oak Bank contract with City of La Puente is valued at $249,000, 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 Live Oak Bank hold?

Live Oak 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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