CONTRACTONGOING

City Holds $4.7 Million With Malaga Bank

City of Rancho Palos Verdes
Disclosed value
Approximately $4.7 million
From staffreport
Document date
Nov 3, 2026
Term
Ongoing as of September 30, 2026

The 30-second brief

What it covers

Rancho Palos Verdes held approximately $4.7 million with Malaga Bank as of September 30, 2026. The funds were earning approximately 3.9 percent.

Who holds it

Malaga Bank holds this financial services contract with City of Rancho Palos Verdes. Its other public contracts on record include work for City of Atascadero and West Basin Municipal Water District.

What happens next

Term as filed: Ongoing as of September 30, 2026.

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Contract details

Contract type
Financial Services
Amount
Approximately $4.7 million
Document date
November 3, 2026
Term
Ongoing as of September 30, 2026
Source document
City of Rancho Palos Verdes StaffReport September 2026 Cash Balances/Monthly Treasurer’s Report 2026-11-04 (StaffReport)

Malaga Bank'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?

Malaga Bank was awarded this financial services contract by City of Rancho Palos Verdes, as recorded on November 3, 2026. The contract value is Approximately $4.7 million.

How much is the Malaga Bank contract with City of Rancho Palos Verdes worth?

The Malaga Bank contract with City of Rancho Palos Verdes is valued at Approximately $4.7 million, 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 Malaga Bank hold?

Malaga 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 Rancho Palos Verdes currently buying?

Explore City of Rancho Palos Verdes's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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