FINANCIAL_SERVICESRENEWED

Board Renews Hanmi Bank Credit Line

The board approved renewing a $3.5 million revolving line of credit with Hanmi Bank for the 2026-2027 school year. The line of credit will support cash flow as needed at a current rate of 7.25%.

Document date · May 28, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
$3.5M
Contract type
FINANCIAL_SERVICES
Contract term
2026-2027 school year
Renewal date
2027-06-30
Renewal
Renewal for the 2026-2027 school year as necessary; rate is the higher of 3.75% fixed or prime plus 0.5%; current applicable rate is 7.25%.
Document type
Minutes
Source document
Crescent View West Public Charter Minutes Regular Board Meeting 2026-05-28

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Crescent View West Public Charter?

Hanmi Bank was awarded this financial services contract by Crescent View West Public Charter, as recorded on May 28, 2026. The contract value is $3.5M.

How much is the Hanmi Bank contract with Crescent View West Public Charter worth?

The Hanmi Bank contract with Crescent View West Public Charter is valued at $3.5M, covering financial services work.

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 Crescent View West Public Charter Minutes Regular Board Meeting 2026-05-28 (Minutes), dated May 28, 2026 from Crescent View West Public Charter. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hanmi Bank hold?

Hanmi 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 Crescent View West Public Charter currently buying?

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