FINANCIAL_SERVICESONGOING

Humboldt Community Services District AgendaPacket Regular Meeting 2026-05-26

HCSD Invests Over $2 Million in Redwood Capital Bank CD

$2,012,833.33Humboldt Community Services DistrictREDWOOD CAPITAL BANKMay 26, 2026

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Description

HCSD holds a $2,012,833.33 certificate of deposit with Redwood Capital Bank, yielding an annualized 3.28% return as of the third quarter of FY 2026. The CD forms part of the District’s diversified investment portfolio.

Contract Details

Contract Amount

$2,012,833.33

Vendor

REDWOOD CAPITAL BANK

Agency

Humboldt Community Services District, CA

Contract Type

FINANCIAL_SERVICES

Document Date

May 26, 2026

Renewal Info

CD maturity date and renewal options are not specified in the packet; future renewal will depend on investment strategy at maturity.

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Issuing Agency

Humboldt Community Services District

Special District

Cutten, CA

View agency profile

Vendor