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District CD Investment with Cathay Bank

Milford Public Schools logoMilford Public Schools
Disclosed value
$250,000.00
From report
Document date
Feb 28, 2021
Term
3/18/2020 – 3/18/2021

The 30-second brief

What it covers

Milford Exempted Village School District maintains a $250,000 certificate of deposit with Cathay Bank through Fifth Third Bank, yielding 0.95% interest. The CD runs from March 18, 2020 to March 18, 2021.

Who holds it

Cathay Bank holds this financial services contract with Milford Public Schools. Its other public contracts on record include work for Palisades Charter High District and San Bernardino County.

What happens next

Term as filed: 3/18/2020 – 3/18/2021.

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Contract details

Contract type
Financial Services
Amount
$250,000.00
Document date
February 28, 2021
Term
3/18/2020 – 3/18/2021
Vendor
Cathay Bank
Agency
Milford Public Schools
Source document
milford-public-schools-report-2021-02-28_d14.pdf (Report)

Cathay Bank's other public contracts

Palisades Charter High District, CaliforniaCathay Bank Not Selected for Investment Accounts · Oct 19, 2026UndisclosedPalisades Charter High District, CaliforniaCathay Bank Proposes CDARS Investment Account · May 22, 2026UndisclosedPalisades Charter High District, CaliforniaFund Balance Investments Shifted To Cathay Bank · Apr 20, 2026UndisclosedSan Bernardino County, CaliforniaCounty selects Cathay Bank for bridge project escrow · Apr 7, 2026UndisclosedSan Bernardino County, CaliforniaCathay Bank to hold escrow for bridge retention funds · Apr 7, 2026UndisclosedAll Cathay Bank contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Milford Public Schools?

Cathay Bank was awarded this financial services contract by Milford Public Schools, as recorded on February 28, 2021. The contract value is $250,000.00.

How much is the Cathay Bank contract with Milford Public Schools worth?

The Cathay Bank contract with Milford Public Schools is valued at $250,000.00, 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 milford-public-schools-report-2021-02-28_d14.pdf (Report), dated February 28, 2021 from Milford Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cathay Bank hold?

Cathay 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 Milford Public Schools currently buying?

Explore Milford Public Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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