CONTRACTAPPROVED

City of Panorama Park Awards $140,000 Financial Services Contract to Family Credit Union (January 2025)

Disclosed value: $140,000.00; From resolution
Approved: Jan 9, 2025
Term: Six (6) months

What it covers

The Panorama Park City Council approved investing $140,000 from the sewer fund in a six‑month certificate of deposit with The Family Credit Union at an approximate 4.75% APY. The resolution directs the mayor and clerk/treasurer to execute the transfer and CD purchase to maximize excess sewer fund assets.

Who holds it

Family Credit Union holds this financial services contract with City of Panorama Park. Its other public contracts on record include work for Town of Crystal.

What happens next

Term as filed: Six (6) months.

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Contract details

Contract type: Financial Services
Amount: $140,000.00
Document date: January 9, 2025
Term: Six (6) months
Vendor: Family Credit Union
Agency: City of Panorama Park
Source document: city-of-panorama-park-resolution-2025-01-sewer-fund-investment_c43.pdf (Resolution)

Family Credit Union's other public contracts

City of Panorama Park, IowaCity Approves Closure of Family Credit Union Account · Jul 22, 2025Undisclosed City of Panorama Park, IowaCity invests $140,000 with The Family Credit Union · Jan 9, 2025$140K City of Panorama Park, IowaCity Considering $140,000 Investment with Family Credit Union · Jan 9, 2025$140K Town of Crystal, MichiganTownship Plans CD Investment With Family Credit Union · Jan 16, 2023Undisclosed Town of Crystal, MichiganTownship Targets Better CD Rates At Family Credit Union · Jan 16, 2023Undisclosed All Family Credit Union contractsVendor profile

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Questions about this contract

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

Family Credit Union was awarded this financial services contract by City of Panorama Park, as recorded on January 9, 2025. The contract value is $140,000.00.

How much is the Family Credit Union contract with City of Panorama Park worth?

The Family Credit Union contract with City of Panorama Park is valued at $140,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-panorama-park-resolution-2025-01-sewer-fund-investment_c43.pdf (Resolution), dated January 9, 2025 from City of Panorama Park. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Family Credit Union hold?

Family Credit Union 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 Panorama Park currently buying?

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

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