CONTRACTONGOING

First Bank of the Lake CD Reported in Portfolio

Disclosed value: $249,000.00 par value (negotiable certificate of deposit); From report
Document date: Feb 28, 2025

What it covers

Palo Alto's February 2025 investment report lists a $249,000 CD with First Bank of the Lake, reflecting activity on February 25, 2025. The CD is one of several bank instruments used for short-term investing.

Who holds it

First Bank of the Lake holds this financial services contract with City of Palo Alto. Its other public contracts on record include work for St. Louis Housing Authority and Live Oak County.

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Contract details

Contract type: Financial Services
Amount: $249,000.00 par value (negotiable certificate of deposit)
Document date: February 28, 2025
Vendor: First Bank of the Lake
Agency: City of Palo Alto
Source document: city_of_palo_alto_monthly_investment_activity_repo.pdf (Report)

First Bank of the Lake's other public contracts

St. Louis Housing Authority, MissouriSLHA Reports First Bank Of Lake Investment · Oct 16, 2026Undisclosed St. Louis Housing Authority, MissouriSLHA Reports First Bank Of The Lake Investment · Sep 9, 2026$249.9K Live Oak County, TexasCounty Reports First Bank Of The Lake Investment · Aug 31, 2026 St. Louis Housing Authority, MissouriFIRST BANK OF THE LAKE Investment for SLHA · Aug 21, 2026$249.9K North Carolina Real Estate Commission | State of North Carolina, North CarolinaCommission Holds First Bank of Lake Certificate · Aug 19, 2026$240K All First Bank of the Lake contractsVendor profile

More City of Palo Alto contracts

Palo Alto Community Child CareChild Care Partnership Letter of Intent Proposed with Palo Alto · Oct 22, 2026Undisclosed Packet FusionPacket Fusion Zoom Government Purchase Orders Proposed · Oct 22, 2026 Palo Alto Community Child CarePalo Alto Approves Child Care Partnership Letter of Intent · Oct 22, 2026Undisclosed Packet FusionPalo Alto Approves $1.2 Million Zoom Government Procurement · Oct 22, 2026 Jones Hall LLPJones Hall Serves as Bond Counsel for Palo Alto Financing · Oct 20, 2026 All City of Palo Alto activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Palo Alto?

First Bank of the Lake was awarded this financial services contract by City of Palo Alto, as recorded on February 28, 2025. The contract value is $249,000.00 par value (negotiable certificate of deposit).

How much is the First Bank of the Lake contract with City of Palo Alto worth?

The First Bank of the Lake contract with City of Palo Alto is valued at $249,000.00 par value (negotiable certificate of deposit), 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_palo_alto_monthly_investment_activity_repo.pdf (Report), dated February 28, 2025 from City of Palo Alto. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First Bank of the Lake hold?

First Bank of the Lake 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 Palo Alto currently buying?

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

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