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District Holds $12.2M in Deposits at Bank of Clovis

Clovis Municipal Schools
Disclosed value
$12,205,716.49
From report
Document date
Jul 1, 2026

The 30-second brief

What it covers

Clovis Municipal Schools reports $12.2 million in deposits held with Bank of Clovis across CDs and money market accounts as of June 30, 2026. The funds support operational, bond building, Sental Bill 9, debt service, and activity accounts at interest rates up to 3.5%.

Who holds it

Bank of Clovis holds this financial services contract with Clovis Municipal Schools. Its other public contracts on record include work for Logan village.

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Contract details

Contract type
Financial Services
Amount
$12,205,716.49
Document date
July 1, 2026
Vendor
Bank of Clovis
Agency
Clovis Municipal Schools
Source document
Clovis Municipal Schools Investment Report 2026-07-01 (Report)

Bank of Clovis's other public contracts

Clovis Municipal Schools, New MexicoSchool District Reports Bank of Clovis Investments · Oct 1, 2026$10.4MClovis Municipal Schools, New MexicoSchools Report $14.44 Million Invested With Bank · Oct 1, 2026$14.4MClovis Municipal Schools, New MexicoDistrict Holds $22.17 Million With Bank of Clovis · Jun 1, 2026$22.2MLogan village, New MexicoBank of Clovis Resolves Village Collateral Issue · Apr 14, 2026UndisclosedClovis Municipal Schools, New MexicoBank of Clovis Holds District Investment Funds · Feb 28, 2026All Bank of Clovis contractsVendor profile

More Clovis Municipal Schools contracts

Western BankSchool District Reports Western Bank Investment · Oct 1, 2026$3.2MNew Mexico Finance AuthoritySchool District Reports Finance Authority Investments · Oct 1, 2026$2.5MWestern BankSchools Report $3.15 Million Invested With Western Bank · Oct 1, 2026$3.2MNew Mexico Finance AuthoritySchools Report Zero Balance In Finance Authority Accounts · Oct 1, 2026UndisclosedBank of ClovisSchool District Reports Bank of Clovis Investments · Oct 1, 2026$10.4MAll Clovis Municipal Schools activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Clovis Municipal Schools?

Bank of Clovis was awarded this financial services contract by Clovis Municipal Schools, as recorded on July 1, 2026. The contract value is $12,205,716.49.

How much is the Bank of Clovis contract with Clovis Municipal Schools worth?

The Bank of Clovis contract with Clovis Municipal Schools is valued at $12,205,716.49, 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 Clovis Municipal Schools Investment Report 2026-07-01 (Report), dated July 1, 2026 from Clovis Municipal Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bank of Clovis hold?

Bank of Clovis 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 Clovis Municipal Schools currently buying?

Explore Clovis Municipal Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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