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City Time Deposit with First Carolina Bank

City of Turlock logoCity of Turlock
Disclosed value
$249,000.00
From report
Document date
Apr 30, 2025
Term
August 20, 2020 – August 20, 2025

The 30-second brief

What it covers

Turlock holds a $249,000 deposit with First Carolina Bank earning 0.450%, maturing August 20, 2025. This investment is part of the City's laddered CD portfolio.

Who holds it

First Carolina Bank holds this financial services contract with City of Turlock. Its other public contracts on record include work for Winnetka SD 36 and Neshaminy SD.

What happens next

Term as filed: August 20, 2020 – August 20, 2025.

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Contract details

Contract type
Financial Services
Amount
$249,000.00
Document date
April 30, 2025
Term
August 20, 2020 – August 20, 2025
Vendor
First Carolina Bank
Agency
City of Turlock
Source document
city-of-turlock-investment-and-cash-report-april-30-2025_dbe.pdf (Report)

First Carolina Bank's other public contracts

Winnetka SD 36, IllinoisSchool District Places IntraFi CD With First Carolina · Aug 6, 2026$244.2KNeshaminy SD, PennsylvaniaDistrict Holds $250K Investment with First Carolina Bank · Jun 1, 2026$250KValley View CUSD 365U, IllinoisCDARS Deposit at First Carolina Bank · May 11, 2026Neshaminy SD, PennsylvaniaDistrict Holds $250K Deposit at First Carolina Bank · May 1, 2026$250KValley View CUSD 365U, IllinoisFirst Carolina Bank CDARS Investment · Apr 13, 2026$243.5KAll First Carolina Bank contractsVendor profile

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Questions about this contract

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

First Carolina Bank was awarded this financial services contract by City of Turlock, as recorded on April 30, 2025. The contract value is $249,000.00.

How much is the First Carolina Bank contract with City of Turlock worth?

The First Carolina Bank contract with City of Turlock is valued at $249,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-turlock-investment-and-cash-report-april-30-2025_dbe.pdf (Report), dated April 30, 2025 from City of Turlock. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First Carolina Bank hold?

First Carolina 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 Turlock currently buying?

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

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