CONTRACTAPPROVED

City of Zimmerman Awards Financial Services Contract to American Express National Bank (October 2024)

City of Zimmerman logoCity of Zimmerman
Approved
Oct 21, 2024
Term
2 years at a rate of 3.90%

The 30-second brief

What it covers

The Zimmerman City Council approved placing a $242,000, two-year investment at 3.90% with American Express National Bank through Multi-Bank Securities. Funding is from a matured certificate of deposit.

Who holds it

American Express National Bank holds this financial services contract with City of Zimmerman. Its other public contracts on record include work for Defiance City Schools and Victoria County Sheriff's Office.

What happens next

Term as filed: 2 years at a rate of 3.90%.

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Contract details

Contract type
Financial Services
Document date
October 21, 2024
Term
2 years at a rate of 3.90%
Source document
city_of_zimmerman_regular_council_meeting_minutes.pdf (Minutes)

American Express National Bank's other public contracts

More City of Zimmerman contracts

Questions about this contract

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

American Express National Bank was awarded this financial services contract by City of Zimmerman, as recorded on October 21, 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_zimmerman_regular_council_meeting_minutes.pdf (Minutes), dated October 21, 2024 from City of Zimmerman. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does American Express National Bank hold?

American Express National 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.

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What is City of Zimmerman currently buying?

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

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