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Cathay Bank to hold escrow for bridge retention funds

San Bernardino County logoSan Bernardino County
Document date
Apr 7, 2026

The 30-second brief

What it covers

The Board approved an Escrow Agreement for Security Deposits in Lieu of Retention involving Cathay Bank and Griffith Company for the Glen Helen Parkway Bridge Over Cajon Wash Project, with Cathay Bank holding construction retainage funds in escrow. This arrangement complies with Public Contract Code Section 22300.

Who holds it

Cathay Bank holds this financial services contract with San Bernardino County. Its other public contracts on record include work for Palisades Charter High District.

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Contract details

Contract type
Financial Services
Document date
April 7, 2026
Vendor
Cathay Bank
Agency
San Bernardino County
Source document
San Bernardino County Board of Supervisors Meeting Agenda April 7, 2026 (Agenda)

Cathay Bank's other public contracts

Palisades Charter High District, CaliforniaCathay Bank Not Selected for Investment Accounts · Oct 19, 2026UndisclosedPalisades Charter High District, CaliforniaCathay Bank Proposes CDARS Investment Account · May 22, 2026UndisclosedPalisades Charter High District, CaliforniaFund Balance Investments Shifted To Cathay Bank · Apr 20, 2026UndisclosedSan Bernardino County, CaliforniaCounty selects Cathay Bank for bridge project escrow · Apr 7, 2026UndisclosedSan Bernardino County, CaliforniaCathay Bank Named Escrow Agent for Bridge Project · Apr 6, 2026UndisclosedAll Cathay Bank contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by San Bernardino County?

Cathay Bank was awarded this financial services contract by San Bernardino County, as recorded on April 7, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in San Bernardino County Board of Supervisors Meeting Agenda April 7, 2026 (Agenda), dated April 7, 2026 from San Bernardino County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cathay Bank hold?

Cathay 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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