Menlo Park Uses U.S. Bank Insured Cash Sweep Program

Menlo Park continues its banking arrangement with U.S. Bank through the IntraFi Insured Cash Sweep program. The program began in February 2026 and automatically places operating cash into interest-bearing deposit accounts while maintaining daily liquidity.

Document date · October 13, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Began February 2026; ongoing

Document type

AgendaPacket

Source document

City of Menlo Park AgendaPacket Finance and Audit Commission Meeting 2026-10-15

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Menlo Park?

U.s. Bank was awarded this financial services contract by City of Menlo Park, as recorded on October 13, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Menlo Park AgendaPacket Finance and Audit Commission Meeting 2026-10-15 (AgendaPacket), dated October 13, 2026 from City of Menlo Park. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does U.s. Bank hold?

U.s. 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.

View U.s. Bank's profile

What is City of Menlo Park currently buying?

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

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