CONTRACTAPPROVED

Dry Creek Joint Elementary Awards Financial Services Contract to FSBC (January 2025)

Dry Creek Joint Elementary logoDry Creek Joint Elementary
Disclosed value
$10,000,000.00 par value (SYS24153 collateralized CD purchase)
From report
Approved
Jan 31, 2025

The 30-second brief

What it covers

Placer County purchased a $10 million collateralized certificate of deposit from FSBC on January 6, 2025, at a 4.15% rate with monthly interest payments and a maturity date of January 6, 2026. The CD adds secure yield to the General Fund’s portfolio.

Who holds it

FSBC holds this financial services contract with Dry Creek Joint Elementary. Its other public contracts on record include work for Falcon Fire Protection District.

What happens next

Term as filed: Purchased 01/06/2025, matures 01/06/2026, monthly interest payments.

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Contract details

Contract type
Financial Services
Amount
$10,000,000.00 par value (SYS24153 collateralized CD purchase)
Document date
January 31, 2025
Term
Purchased 01/06/2025, matures 01/06/2026, monthly interest payments
Vendor
FSBC
Source document
County of Placer Report Treasurer's Pooled Investment Report January 31, 2025 (Report)

FSBC's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Dry Creek Joint Elementary?

FSBC was awarded this financial services contract by Dry Creek Joint Elementary, as recorded on January 31, 2025. The contract value is $10,000,000.00 par value (SYS24153 collateralized CD purchase).

How much is the FSBC contract with Dry Creek Joint Elementary worth?

The FSBC contract with Dry Creek Joint Elementary is valued at $10,000,000.00 par value (SYS24153 collateralized CD purchase), 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 County of Placer Report Treasurer's Pooled Investment Report January 31, 2025 (Report), dated January 31, 2025 from Dry Creek Joint Elementary. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does FSBC hold?

FSBC 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 Dry Creek Joint Elementary currently buying?

Explore Dry Creek Joint Elementary's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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