City CD at Eclipse Bank Rolled Over

Westwood confirmed that its ninety-day CD at Eclipse Bank has rolled over and will be reviewed in November. Commissioners will consider whether to retain the CD at Eclipse or move the funds to Chase Bank for a better interest rate.

Document date · October 1, 2024

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Ninety day CD, set to roll over

Renewal

Short-term CD renewed automatically; future consideration of moving funds to another bank.

Document type

Minutes

Source document

city-of-westwood-meeting-minutes-october-1-2024_ae2.pdf

Frequently asked questions

Common questions about this contract, answered from the record.

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

Eclipse Bank was awarded this financial services contract by City of Westwood, as recorded on October 1, 2024.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-westwood-meeting-minutes-october-1-2024_ae2.pdf (Minutes), dated October 1, 2024 from City of Westwood. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Eclipse Bank hold?

Eclipse 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 Eclipse Bank's profile

What is City of Westwood currently buying?

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

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