CONTRACTRATIFIED

Board Ratifies CDARS Purchase with Tristate Capital

City of Tallmadge logoCity of Tallmadge
Disclosed value
$500,000
From agenda
Document date
Jul 24, 2026

The 30-second brief

What it covers

The Investment Board is asked to ratify the purchase of a $500,000 CDARS deposit with Tristate Capital Bank for 26 weeks at a 3.49% interest rate, maturing on February 12, 2026. This action confirms a previously executed investment transaction.

Who holds it

Tristate Capital Bank holds this financial services contract with City of Tallmadge. Its other public contracts on record include work for Bigfork Valley Hospital and Township of West Windsor.

What happens next

Term as filed: 26 weeks, maturing February 12, 2026 at 3.49%.

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Contract details

Contract type
Financial Services
Amount
$500,000
Document date
July 24, 2026
Term
26 weeks, maturing February 12, 2026 at 3.49%
Source document
Investment Board Agenda July 24, 2026 (Agenda)

Tristate Capital Bank's other public contracts

More City of Tallmadge contracts

Questions about this contract

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 July 24, 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 July 24, 2026 (Agenda), dated July 24, 2026 from City of Tallmadge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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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.

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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