Civic IQ
FINANCIAL_SERVICESONGOING

HCSD Invests Over $2 Million in Redwood Capital Bank CD

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.

Document date · May 26, 2026

Issuing agencyHumboldt Community Services DistrictVendorRedwood Capital Bank

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WithersRavenel logo
Derivita logo
Comcate logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
$2,012,833.33
Contract type
FINANCIAL_SERVICES
Renewal
CD maturity date and renewal options are not specified in the packet; future renewal will depend on investment strategy at maturity.
Document type
AgendaPacket
Source document
Humboldt Community Services District AgendaPacket Regular Meeting 2026-05-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Humboldt Community Services District?

Redwood Capital Bank was awarded this financial services contract by Humboldt Community Services District, as recorded on May 26, 2026. The contract value is $2,012,833.33.

How much is the Redwood Capital Bank contract with Humboldt Community Services District worth?

The Redwood Capital Bank contract with Humboldt Community Services District is valued at $2,012,833.33, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Humboldt Community Services District AgendaPacket Regular Meeting 2026-05-26 (AgendaPacket), dated May 26, 2026 from Humboldt Community Services District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Redwood Capital Bank hold?

Redwood Capital 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.

View Redwood Capital Bank's profile

What is Humboldt Community Services District currently buying?

Explore Humboldt Community Services District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Humboldt Community Services District's profile