CONTRACTONGOING

Rate Stabilization CD with Bank of America NA NC

Palmdale Water District logoPalmdale Water District
Disclosed value
$249,992.50
From agendapacket
Document date
Nov 25, 2025
Term
Maturity date 10/2/2025, rate 3.85%

The 30-second brief

What it covers

Palmdale Water District’s rate stabilization fund includes a roughly $249,992.50 certificate of deposit with Bank of America NA NC at 3.85% interest, maturing October 2, 2025. The CD is part of the District’s restricted investment strategy.

Who holds it

Bank of America Na Nc holds this financial services contract with Palmdale Water District. Its other public contracts on record include work for Downers Grove GSD 58 and Elyria City Schools.

What happens next

Term as filed: Maturity date 10/2/2025, rate 3.85%.

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Contract details

Contract type
Financial Services
Amount
$249,992.50
Document date
November 25, 2025
Term
Maturity date 10/2/2025, rate 3.85%
Source document
Palmdale Water District Agenda Packet 2025-11-25 (AgendaPacket)

Bank of America Na Nc's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Palmdale Water District?

Bank of America Na Nc was awarded this financial services contract by Palmdale Water District, as recorded on November 25, 2025. The contract value is $249,992.50.

How much is the Bank of America Na Nc contract with Palmdale Water District worth?

The Bank of America Na Nc contract with Palmdale Water District is valued at $249,992.50, covering financial services work.

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 Palmdale Water District Agenda Packet 2025-11-25 (AgendaPacket), dated November 25, 2025 from Palmdale Water District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bank of America Na Nc hold?

Bank of America Na Nc 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 Palmdale Water District currently buying?

Explore Palmdale Water District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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