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Live Oak Bank CD In City’s CD Ladder

City of La Puente logoCity of La Puente
Disclosed value
$249,000 (face value)
From report
Document date
May 31, 2025
Term
10/04/2021 – 10/19/2026

The 30-second brief

What it covers

La Puente holds a $249,000 negotiable CD with Live Oak Bank at 0.90% interest through Stifel, maturing October 19, 2026. The investment currently trades below par value.

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 (face value)
Document date
May 31, 2025
Term
10/04/2021 – 10/19/2026
Vendor
Live Oak Bank
Agency
City of La Puente
Source document
city_of_la_puente_cash_and_investment_report.pdf (Report)

Live Oak Bank's other public contracts

Wilmington Airport Authority, North CarolinaSecond Amendment Approved For Live Oak Bank Lease · Jun 3, 2026UndisclosedNew Hanover County, North CarolinaCounty Recommends Banking Authorization for Live Oak · Jan 20, 2026UndisclosedDallas Community Charter, OregonDallas Community School Renews Live Oak Bank CD · Jan 8, 2026UndisclosedCity of La Puente, CaliforniaCity CD Investment with Live Oak Bank · Aug 31, 2025The Center For Creativity Innovation And Discovery, UtahLive Oak Bank Loan Payment Increases After Rate Change · Aug 27, 2025All Live Oak Bank contractsVendor profile

More City of La Puente contracts

Guerreros Athletic FoundationFoundation Considers $1,500 Guerreros Judo Sponsorship · Oct 28, 2026$1.5KStanley Pest Control IncLa Puente Pays Stanley Pest Control for Service · Oct 27, 2026$85So Cal Construction ServicesLa Puente Pays So Cal Construction for Lead Abatement · Oct 27, 2026$3.6KTlc MaterialsLa Puente Buys Soil Mix from TLC Materials · Oct 27, 2026$1.5KEmergency Animal Hospital of San Gabriel ValleyLa Puente Pays Emergency Animal Hospital for Care · Oct 27, 2026$75All City of La Puente activityAgency profile

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 May 31, 2025. The contract value is $249,000 (face value).

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 (face value), 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.pdf (Report), dated May 31, 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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