FINANCIAL_SERVICESDISCUSSED

Finance Committee Reviews Deposits With PeoplesBank

Veritas Preparatory Charter School’s Finance Committee reviewed a proposal to move $250,000–$500,000 from PeoplesBank to another institution to diversify deposits and reduce FDIC risk exposure. PeoplesBank increased the school’s money market rate to 2.9%, supporting more active management of cash across accounts.

Status
DISCUSSED
Document date
March 19, 2026
Contract type
FINANCIAL_SERVICES
Vendor
PEOPLESBANK
Agency
Veritas Preparatory Charter School (District) · MA

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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
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
between $250,000 and $500,000 (transfer amount)
Contract type
FINANCIAL_SERVICES
Document type
Minutes
Source document
Veritas Preparatory Charter School Finance Committee Minutes 2026-03-19

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Veritas Preparatory Charter School (District)?

PEOPLESBANK was awarded this financial services contract by Veritas Preparatory Charter School (District), as recorded on March 19, 2026. The contract value is between $250,000 and $500,000 (transfer amount).

How much is the PEOPLESBANK contract with Veritas Preparatory Charter School (District) worth?

The PEOPLESBANK contract with Veritas Preparatory Charter School (District) is valued at between $250,000 and $500,000 (transfer amount), 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 Veritas Preparatory Charter School Finance Committee Minutes 2026-03-19 (Minutes), dated March 19, 2026 from Veritas Preparatory Charter School (District). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does PEOPLESBANK hold?

PEOPLESBANK 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 Veritas Preparatory Charter School (District) currently buying?

Explore Veritas Preparatory Charter School (District)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Veritas Preparatory Charter School (District)'s profile

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