District Renews $7M CD with Columbia Bank

Scope & details

The full contract record, as filed.

Contract amount

$7,000,000.00 (Certificate of Deposit principal; actual amount may vary)

Contract type

FINANCIAL_SERVICES

Contract term

Renewal in September 2026; term length to be determined at renewal

Renewal

CD will be renewed under favorable terms determined at renewal; future renewals will require similar board authorization.

Document type

Agenda

Source document

Rahway Public School District Agenda Regular Meeting 2026-08-25

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Rahway Public School District?

Columbia Bank was awarded this financial services contract by Rahway Public School District, as recorded on August 25, 2026. The contract value is $7,000,000.00 (Certificate of Deposit principal; actual amount may vary).

How much is the Columbia Bank contract with Rahway Public School District worth?

The Columbia Bank contract with Rahway Public School District is valued at $7,000,000.00 (Certificate of Deposit principal; actual amount may vary), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Rahway Public School District Agenda Regular Meeting 2026-08-25 (Agenda), dated August 25, 2026 from Rahway Public School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Columbia Bank hold?

Columbia 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.

View Columbia Bank's profile

What is Rahway Public School District currently buying?

Explore Rahway Public School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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