CONTRACTONGOING

First Capital Bank Certificate of Deposit Redeemed

Disclosed value: $249,000.00; From report
Document date: Aug 1, 2024

What it covers

The City of Palo Alto's portfolio included a negotiable certificate of deposit with First Capital Bank, which was redeemed on August 15, 2024 with a par value of $249,000 at a 5.150% rate. U.S. Bank safekept the investment.

Who holds it

First Capital Bank holds this financial services contract with City of Palo Alto. Its other public contracts on record include work for Mundelein ESD 75 and Mundelein Cons HSD 120.

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Contract details

Contract type: Financial Services
Amount: $249,000.00
Document date: August 1, 2024
Vendor: First Capital Bank
Agency: City of Palo Alto
Source document: city_of_palo_alto_monthly_investment_activity_repo.pdf (Report)

First Capital Bank's other public contracts

Mundelein ESD 75, IllinoisDistrict Reports First Capital Bank Certificate · Sep 21, 2026$237K Mundelein Cons HSD 120, IllinoisDistrict Reports First Capital Bank CD · Sep 9, 2026$241K Itasca SD 10, IllinoisFirst Capital Bank CD in District Portfolio · Aug 12, 2026$243.4K City of Quanah, TexasQuanah Considers Bank Signature Changes at First Capital · Aug 11, 2026Undisclosed Heartland Community College, IllinoisFirst Capital Bank CD Nears Maturity · Aug 1, 2026$232.5K All First Capital Bank 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 Capital Bank was awarded this financial services contract by City of Palo Alto, as recorded on August 1, 2024. The contract value is $249,000.00.

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

The First Capital Bank contract with City of Palo Alto is valued at $249,000.00, 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 August 1, 2024 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 Capital Bank hold?

First Capital 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 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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