FINANCIAL_SERVICESRENEWED

Hanmi Bank Credit Line Renewed for School

The board approved renewing a Revolving Line of Credit with Hanmi Bank for the 2026-2027 school year. The credit line is for up to $1 million and is tied to an interest rate of 7.25% at the time of approval.

Document date · May 26, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$1M
Contract type
FINANCIAL_SERVICES
Contract term
2026-2027 school year
Renewal date
2027-06-30
Renewal
Current agreement may be renewed for the 2026-2027 school year as necessary to ensure sufficient cash flow. Interest rate is the higher of fixed 3.75% or prime plus 0.5%; current applicable rate noted as 7.25%.
Document type
Minutes
Source document
Orange County Workforce Innovation High School Minutes Regular Board Meeting 2026-05-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Orange County Workforce Innovation High?

Hanmi Bank was awarded this financial services contract by Orange County Workforce Innovation High, as recorded on May 26, 2026. The contract value is $1M.

How much is the Hanmi Bank contract with Orange County Workforce Innovation High worth?

The Hanmi Bank contract with Orange County Workforce Innovation High is valued at $1M, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Orange County Workforce Innovation High School Minutes Regular Board Meeting 2026-05-26 (Minutes), dated May 26, 2026 from Orange County Workforce Innovation High. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hanmi Bank hold?

Hanmi 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.

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What is Orange County Workforce Innovation High currently buying?

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