CONTRACTAPPROVED

Kern County Cemetery District Awards Financial Services Contract to Sallie Mae Bank (January 2026)

Kern County Cemetery District logoKern County Cemetery District
Disclosed value
$169,000.00 plus available interest
From minutes
Approved
Jan 15, 2026
Renews
Free account

The 30-second brief

What it covers

The Kern County Cemetery District approved investing $169,000 plus interest into a Sallie Mae Bank CD at 3.75% coupon and yield, maturing in January 2031. This reinvests proceeds from a redeemed note within the Endowment Care Principal fund.

Who holds it

Sallie Mae Bank holds this financial services contract with Kern County Cemetery District. Its other public contracts on record include work for Chino Valley Independent Fire District and Town of Dillon.

What happens next

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Contract details

Contract type
Financial Services
Amount
$169,000.00 plus available interest
Document date
January 15, 2026
Term
Matures January 2031 (or date of hire, DOH)
Renews
On record
Source document
Kern County Cemetery District Minutes January 15, 2026 (Minutes)

Sallie Mae Bank's other public contracts

More Kern County Cemetery District contracts

Questions about this contract

Who was awarded the financial services contract by Kern County Cemetery District?

Sallie Mae Bank was awarded this financial services contract by Kern County Cemetery District, as recorded on January 15, 2026. The contract value is $169,000.00 plus available interest.

How much is the Sallie Mae Bank contract with Kern County Cemetery District worth?

The Sallie Mae Bank contract with Kern County Cemetery District is valued at $169,000.00 plus available interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Kern County Cemetery District Minutes January 15, 2026 (Minutes), dated January 15, 2026 from Kern County Cemetery District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Sallie Mae Bank hold?

Sallie Mae 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 Kern County Cemetery District currently buying?

Explore Kern County Cemetery District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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