FINANCIAL_SERVICESONGOING

City holds multiple East West Bank CDs for reserves

Hewitt’s June 30, 2026 investment report shows several certificates of deposit placed with East West Bank, with maturities ranging from August 2026 through February 2027. These CDs provide secure, interest-bearing investments for city reserves and utility funds.

Status
ONGOING
Document date
July 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
East West Bank
Agency
City of Hewitt · MN

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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
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Various CDs maturing between August 21, 2026 and February 26, 2027
Renewal date
2027-03-23
Renewal
CDs will mature on their stated dates; upon maturity the City may reinvest, redeem, or shift funds to other instruments per its investment policy.
Document type
AgendaPacket
Source document
City of Hewitt Agenda Packet 2026-07-20

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Hewitt?

East West Bank was awarded this financial services contract by City of Hewitt, as recorded on July 17, 2026.

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 City of Hewitt Agenda Packet 2026-07-20 (AgendaPacket), dated July 17, 2026 from City of Hewitt. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does East West Bank hold?

East West 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 East West Bank's profile

What is City of Hewitt currently buying?

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

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