Bank of America Holds City Investment Securities
City of Rancho Palos VerdesCity · Rancho Palos Verdes, CA- Disclosed value
- Securities custody for approximately $58 million in Stifel investments
- From staffreport
- Document date
- Nov 3, 2026
- Term
- Ongoing as of September 30, 2026
The 30-second brief
Bank of America held securities associated with Rancho Palos Verdes’ approximately $58 million Stifel investment portfolio as of September 30, 2026. The securities were reported as FDIC-insured.
Bank of America holds this financial services contract with City of Rancho Palos Verdes. Its other public contracts on record include work for Board Of Water Commisioners Retirement Plan Trust Fund and City of Delta Junction.
Term as filed: Ongoing as of September 30, 2026.
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Contract details
- Contract type
- Financial Services
- Amount
- Securities custody for approximately $58 million in Stifel investments
- Document date
- November 3, 2026
- Term
- Ongoing as of September 30, 2026
- Vendor
- Bank of America
- Source document
- City of Rancho Palos Verdes StaffReport September 2026 Cash Balances/Monthly Treasurer’s Report 2026-11-04 (StaffReport)
Bank of America's other public contracts
More City of Rancho Palos Verdes contracts
Questions about this contract
Who was awarded the financial services contract by City of Rancho Palos Verdes?
Bank of America was awarded this financial services contract by City of Rancho Palos Verdes, as recorded on November 3, 2026. The contract value is Securities custody for approximately $58 million in Stifel investments.
How much is the Bank of America contract with City of Rancho Palos Verdes worth?
The Bank of America contract with City of Rancho Palos Verdes is valued at Securities custody for approximately $58 million in Stifel investments, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a staffreport record.
Where was this contract approved?
This contract appears in City of Rancho Palos Verdes StaffReport September 2026 Cash Balances/Monthly Treasurer’s Report 2026-11-04 (StaffReport), dated November 3, 2026 from City of Rancho Palos Verdes. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bank of America hold?
Bank of America 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 Rancho Palos Verdes currently buying?
Explore City of Rancho Palos Verdes's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.