FINANCIAL_SERVICESRATIFIED

Board Ratifies $500K Two-Year CDARS Purchase

The Investment Board will ratify the purchase of a $500,000 CDARS from Tristate Capital Bank, maturing in two years at a 3.97% interest rate on August 10, 2028. This confirms a longer-term fixed-income investment with the bank.

Status
RATIFIED
Document date
August 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Tristate Capital Bank
Agency
City of Tallmadge · OH

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$500,000
Contract type
FINANCIAL_SERVICES
Contract term
2 years, maturing August 10, 2028
Renewal date
2028-08-10
Renewal
Two-year fixed-term CDARS investment maturing August 10, 2028; any renewal or reinvestment after maturity will require separate authorization.
Document type
Agenda
Source document
Investment Board Agenda 2026-08-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Tallmadge?

Tristate Capital Bank was awarded this financial services contract by City of Tallmadge, as recorded on August 13, 2026. The contract value is $500,000.

How much is the Tristate Capital Bank contract with City of Tallmadge worth?

The Tristate Capital Bank contract with City of Tallmadge is valued at $500,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Investment Board Agenda 2026-08-13 (Agenda), dated August 13, 2026 from City of Tallmadge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tristate Capital Bank hold?

Tristate 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.

View Tristate Capital Bank's profile

What is City of Tallmadge currently buying?

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

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