Office of the Washington State Treasurer Awards Financial Services Contract to Harborstone Credit Union (February 2025)

The Public Deposit Protection Commission Chair approved Harborstone Credit Union as a Washington public depositary effective October 14, 2024. The credit union is authorized to accept public deposits subject to collateralization requirements, including a letter of credit from the Federal Home Loan Bank of Des Moines.

Document date · February 25, 2025

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Effective October 14, 2024; ongoing authority to accept public deposits while in compliance with PDPC requirements

Renewal

Ongoing approval as a public depositary contingent on compliance with Chapter 39.58 RCW, PDPC Resolution 2018‑1, and maintenance of required collateral, including letters of credit whose value cannot be reduced without PDPC approval.

Document type

AgendaPacket

Source document

State of Washington Public Deposit Protection Commission AgendaPacket 2025-02-25

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Office of the Washington State Treasurer?

Harborstone Credit Union was awarded this financial services contract by Office of the Washington State Treasurer, as recorded on February 25, 2025.

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 State of Washington Public Deposit Protection Commission AgendaPacket 2025-02-25 (AgendaPacket), dated February 25, 2025 from Office of the Washington State Treasurer. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Harborstone Credit Union hold?

Harborstone Credit Union 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 Harborstone Credit Union's profile

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