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Lafayette Invests in State Bank India $250,000 CD

City of LaFayette logoCity of LaFayette
Disclosed value
$250,000
From report
Document date
Jun 9, 2025
Term
Matures 9/15/2028
Renews
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The 30-second brief

What it covers

Lafayette invests $250,000 in a certificate of deposit with State Bank India maturing September 15, 2028. The investment supports diversity and yield in the City’s long-term holdings.

Who holds it

State Bank India holds this financial services contract with City of LaFayette. Its other public contracts on record include work for Sheboygan Sanitary District 2 and City of Irwindale.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of LaFayette contract.

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Contract details

Contract type
Financial Services
Amount
$250,000
Document date
June 9, 2025
Term
Matures 9/15/2028
Renews
Free account
Vendor
State Bank India
Agency
City of LaFayette
Source document
city-of-lafayettereport-2025-06-09_b16.pdf (Report)

State Bank India's other public contracts

Sheboygan Sanitary District 2, WisconsinWater District Approves $250,000 Certificate of Deposit · Sep 21, 2026City of Irwindale, CaliforniaState Bank India FDIC-insured CD held · Sep 30, 2025$245,000 (par)City of Irwindale, CaliforniaCity Holds State Bank India Certificate of Deposit · Jun 30, 2025$245KCity of Irwindale, CaliforniaCity Holds 5% CD at State Bank India · Mar 31, 2025$245KTown of Lafayette, PennsylvaniaState Bank India CD Held by City · Feb 10, 2025$250KAll State Bank India contractsVendor profile

More City of LaFayette contracts

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Questions about this contract

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

State Bank India was awarded this financial services contract by City of LaFayette, as recorded on June 9, 2025. The contract value is $250,000.

How much is the State Bank India contract with City of LaFayette worth?

The State Bank India contract with City of LaFayette is valued at $250,000, 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-lafayettereport-2025-06-09_b16.pdf (Report), dated June 9, 2025 from City of LaFayette. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does State Bank India hold?

State Bank India 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 LaFayette currently buying?

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

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