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CONTRACTRENEWED
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Hanmi Bank Credit Line Renewed for 2026-2027

Desert Sands Charter
Disclosed value
$4M
From minutes
Document date
Jun 4, 2026
Term
2026-2027 school year
Renews
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The 30-second brief

What it covers

The board renewed Hanmi Bank’s revolving line of credit for the 2026-2027 school year. The facility is for up to $4 million and carries an interest rate tied to the higher of 3.75% or prime plus 0.5%.

Who holds it

Hanmi Bank holds this financial services contract with Desert Sands Charter. Its other public contracts on record include work for Palisades Charter High District and Mission View Public.

What happens next

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Contract details

Contract type
Financial Services
Amount
$4M
Document date
June 4, 2026
Term
2026-2027 school year
Renews
On record
Vendor
Hanmi Bank
Agency
Desert Sands Charter
Source document
Desert Sands Charter High School Minutes Regular Board Meeting 2026-06-04 (Minutes)

Hanmi Bank's other public contracts

Palisades Charter High District, CaliforniaHanmi Bank Not Selected for Investment Accounts · Oct 19, 2026UndisclosedMission View Public, CaliforniaSchool Renews $600K Credit Line With Hanmi Bank · Sep 2, 2026$600KCalifornia Connections Academy Central Coast District, CaliforniaHanmi Bank Proposes $25 Million Credit Facility · Jun 11, 2026Crescent View South II District, CaliforniaBoard to Renew Revolving Line of Credit with Hanmi Bank · Jun 4, 2026UndisclosedAssurance Learning Academy, CaliforniaSchool Renews $6M Line of Credit With Hanmi Bank · Jun 4, 2026$6MAll Hanmi Bank contractsVendor profile

More Desert Sands Charter contracts

Desert Sands Public Charter IncBoard to Approve Amended Bylaws · Sep 1, 2026UndisclosedAntelope Valley Union High School DistrictMOU Approved With Antelope Valley Union High School District · Jun 4, 2026UndisclosedParaclete High SchoolMOU Approved With Paraclete High School · Jun 4, 2026UndisclosedLifelong Learning Administration CorporationLLAC Loan Approved for 2026-2027 Cash Flow · Jun 4, 2026All Desert Sands Charter activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Desert Sands Charter?

Hanmi Bank was awarded this financial services contract by Desert Sands Charter, as recorded on June 4, 2026. The contract value is $4M.

How much is the Hanmi Bank contract with Desert Sands Charter worth?

The Hanmi Bank contract with Desert Sands Charter is valued at $4M, 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 Desert Sands Charter High School Minutes Regular Board Meeting 2026-06-04 (Minutes), dated June 4, 2026 from Desert Sands Charter. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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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.

What is Desert Sands Charter currently buying?

Explore Desert Sands Charter's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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