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District Uses BankUnited ICS Cash Management

Mediterranea Community Development District logoMediterranea Community Development District
Document date
Apr 15, 2026

The 30-second brief

What it covers

Mediterra CDD utilizes BankUnited’s Insured Cash Sweep account to manage approximately $1.3 million in deposits, maintaining FDIC coverage while earning interest in the mid‑to‑upper 3% range. The ICS structure distributes funds among multiple institutions to optimize safety and yield.

Who holds it

BANKUNITED holds this financial services contract with Mediterranea Community Development District. Its other public contracts on record include work for Beacon Lakes Community Development District and Delaware-Chenango-Madison-Otsego Boces.

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Contract details

Contract type
Financial Services
Document date
April 15, 2026
Vendor
BANKUNITED
Agency
Mediterranea Community Development District
Source document
Mediterra Community Development District Regular Meeting Agenda Packet 2026-04-15 (AgendaPacket)

BANKUNITED's other public contracts

Beacon Lakes Community Development District, FloridaBeacon Lakes Maintains BankUnited Money Market Account · Aug 5, 2026Delaware-Chenango-Madison-Otsego Boces, New YorkBOCES Holds IntraFI Deposits At BankUnited · Jul 31, 2026$119.7Urban Orlando Community Development District, FloridaBankUnited supports district money market investments · Jul 15, 2026UndisclosedMIDDLE COUNTRY PUBLIC LIBRARY, New YorkLibrary Names BankUnited As Primary Depository · Jul 15, 2026UndisclosedCity of Westlake, FloridaCity Maintains Operating Accounts With BankUnited · May 5, 2026UndisclosedAll BANKUNITED contractsVendor profile

More Mediterranea Community Development District contracts

Johnson Engineering IncEngineering Services Budgeted With Johnson Engineering · Aug 17, 2026$135KU.S. BankU.S. Bank Trustee Services Funded for 2027 · Aug 17, 2026$9KEARTHBALANCEEarthbalance Lake and Conservation Maintenance Budgeted · Aug 17, 2026$350KKutak Rock LLPKutak Rock LLP Continues as District Counsel · Jun 17, 2026UndisclosedJohnson Engineering IncJohnson Engineering Continues District Engineering Services · Jun 17, 2026UndisclosedAll Mediterranea Community Development District activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Mediterranea Community Development District?

BANKUNITED was awarded this financial services contract by Mediterranea Community Development District, as recorded on April 15, 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 Mediterra Community Development District Regular Meeting Agenda Packet 2026-04-15 (AgendaPacket), dated April 15, 2026 from Mediterranea Community Development District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does BANKUNITED hold?

BANKUNITED may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Mediterranea Community Development District currently buying?

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

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