Discover Bank HTM Security Collateralizes District Funds
Halstead Unified School District 440School · Halstead, KS- Disclosed value
- $245,000.00 original face and pledged par value
- From report
- Document date
- Aug 31, 2024
- Term
- Maturity 4/28/2025
The 30-second brief
USD 440 uses a $245,000 held-to-maturity security at Discover Bank, maturing April 28, 2025, as pledged collateral for its deposits. The security enhances protection of district funds through secured banking arrangements.
Discover Bank holds this financial services contract with Halstead Unified School District 440. Its other public contracts on record include work for Dundy County and Starr County.
Term as filed: Maturity 4/28/2025.
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Contract details
- Contract type
- Financial Services
- Amount
- $245,000.00 original face and pledged par value
- Document date
- August 31, 2024
- Term
- Maturity 4/28/2025
- Vendor
- Discover Bank
- Source document
- halstead-unified-school-district-440-report-2024-08-31_369.pdf (Report)
Discover Bank's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Halstead Unified School District 440?
Discover Bank was awarded this financial services contract by Halstead Unified School District 440, as recorded on August 31, 2024. The contract value is $245,000.00 original face and pledged par value.
How much is the Discover Bank contract with Halstead Unified School District 440 worth?
The Discover Bank contract with Halstead Unified School District 440 is valued at $245,000.00 original face and pledged par value, 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 halstead-unified-school-district-440-report-2024-08-31_369.pdf (Report), dated August 31, 2024 from Halstead Unified School District 440. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Discover Bank hold?
Discover 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 Halstead Unified School District 440 currently buying?
Explore Halstead Unified School District 440's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.