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City of Marion Awards $5,000,000 Investment Contract to Community Savings Bank (July 2025)

City of Marion
Disclosed value
$5,000,000
From minutes
Approved
Jul 28, 2025

The 30-second brief

What it covers

Community Savings Bank awarded $5,000,000 Certificate of Deposit as highest bidder for quarterly ladder structure.

Who holds it

Community Savings Bank holds this investment contract with City of Marion. Its other public contracts on record include work for Iowa Arts Council and Iowa Finance Authority.

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Contract details

Contract type
Investment
Amount
$5,000,000
Document date
July 28, 2025
Term
NA
Vendor
Community Savings Bank
Agency
City of Marion
Source document
city_of_marion_investment_oversight_committee_minu.pdf (Minutes)

Community Savings Bank's other public contracts

Iowa Arts Council, IowaCommunity Savings Bank Receives Farm Loan Participation · Sep 8, 2026$175KIowa Finance Authority, IowaLoan Participation Approved with Community Savings Bank · Aug 26, 2026$175KHeartland Community College, IllinoisCommunity Savings Bank CD Listed · Aug 1, 2026$233KCity of Garnavillo, IowaCity Approves Community Savings Bank for 2026 Cash Management · Jun 10, 2026UndisclosedCity of Garnavillo, IowaDebt service payment to Community Savings Bank · Jun 10, 2026$22.1KAll Community Savings Bank contractsVendor profile

More City of Marion contracts

Preferred Sandblasting & CoatingWater Tower Painting Bid Awarded to Preferred Sandblasting · Aug 25, 2026$191.1KB & B Utility ContractorsCity Awards Water Line Project to B & B Utility · Aug 12, 2026$774KB&b Utility ContractorsCouncil Reviews Water Line Bid From B&B Utility · Aug 12, 2026UndisclosedGlow Ball NationCity Approves Glow Ball Nation Recreation Contract · Jul 28, 2026SCIFRESRezoning Ordinance for Scifres Property Considered · Jul 28, 2026UndisclosedAll City of Marion activityAgency profile

Questions about this contract

Who was awarded the investment contract by City of Marion?

Community Savings Bank was awarded this investment contract by City of Marion, as recorded on July 28, 2025. The contract value is $5,000,000.

How much is the Community Savings Bank contract with City of Marion worth?

The Community Savings Bank contract with City of Marion is valued at $5,000,000, covering investment work.

What type of contract is this?

This is a Investment contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city_of_marion_investment_oversight_committee_minu.pdf (Minutes), dated July 28, 2025 from City of Marion. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Community Savings Bank hold?

Community Savings 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 City of Marion currently buying?

Explore City of Marion's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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