Parma Schools Ratify U.S. Bank Investments
Parma City SchoolsSchool · Parma, OH- Disclosed value
- $28,331,460.67 closing balance; $144,433.13 interest
- From minutes
- Document date
- Sep 17, 2026
- Term
- Month-end August 2026
The 30-second brief
The Parma City School District Board ratified its August 2026 investment in U.S. Bank corporate bonds and notes. The portfolio had a $28.33 million closing balance, generated $144,433.13 in interest, and carried a 3.71% yield.
U.S. Bank – Corporate Bonds & Notes holds this financial services contract with Parma City Schools.
Term as filed: Month-end August 2026.
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Contract details
- Contract type
- Financial Services
- Amount
- $28,331,460.67 closing balance; $144,433.13 interest
- Document date
- September 17, 2026
- Term
- Month-end August 2026
- Vendor
- U.S. Bank – Corporate Bonds & Notes
- Agency
- Parma City Schools
- Source document
- Parma City School District Minutes Regular Meeting September 17, 2026 (Minutes)
U.S. Bank – Corporate Bonds & Notes's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Parma City Schools?
U.S. Bank – Corporate Bonds & Notes was awarded this financial services contract by Parma City Schools, as recorded on September 17, 2026. The contract value is $28,331,460.67 closing balance; $144,433.13 interest.
How much is the U.S. Bank – Corporate Bonds & Notes contract with Parma City Schools worth?
The U.S. Bank – Corporate Bonds & Notes contract with Parma City Schools is valued at $28,331,460.67 closing balance; $144,433.13 interest, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Parma City School District Minutes Regular Meeting September 17, 2026 (Minutes), dated September 17, 2026 from Parma City Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is Parma City Schools currently buying?
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