CONTRACTONGOING

US Bank Provides Custody Support for City Investments

City of Palm Desert logoCity of Palm Desert
Document date
Jul 22, 2025

The 30-second brief

What it covers

Palm Desert’s investment portfolio uses US Bank Custody Services for custody-related support and market value pricing of corporate securities. The agenda materials do not state the agreement amount or term.

Who holds it

Us Bank Custody Services holds this financial services contract with City of Palm Desert. Its other public contracts on record include work for City of Encinitas and Central Basin Municipal Water District.

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Contract details

Contract type
Financial Services
Document date
July 22, 2025
Source document
City of Palm Desert AgendaPacket Finance Committee Meeting 2025-07-22 (AgendaPacket)

Us Bank Custody Services's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Palm Desert?

Us Bank Custody Services was awarded this financial services contract by City of Palm Desert, as recorded on July 22, 2025.

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 Palm Desert AgendaPacket Finance Committee Meeting 2025-07-22 (AgendaPacket), dated July 22, 2025 from City of Palm Desert. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Us Bank Custody Services hold?

Us Bank Custody Services may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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