District Renews $7M CD with Columbia Bank
Rahway Public School DistrictSchool · Rahway, NJ- Disclosed value
- $7,000,000.00 (Certificate of Deposit principal; actual amount may vary)
- From agenda
- Document date
- Aug 25, 2026
The 30-second brief
Rahway Board approved renewal of a General Fund Certificate of Deposit with Columbia Bank in September 2026 for up to $7 million, authorizing the School Business Administrator to set terms and execute documents.
Columbia Bank holds this financial services contract with Rahway Public School District. Its other public contracts on record include work for Lewis County Fire District 5 and City of Cle Elum.
Term as filed: Renewal in September 2026; term length to be determined at renewal.
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Contract details
- Contract type
- Financial Services
- Amount
- $7,000,000.00 (Certificate of Deposit principal; actual amount may vary)
- Document date
- August 25, 2026
- Term
- Renewal in September 2026; term length to be determined at renewal
- Vendor
- Columbia Bank
- Source document
- Rahway Public School District Agenda Regular Meeting 2026-08-25 (Agenda)
Columbia Bank's other public contracts
More Rahway Public School District contracts
Questions about this contract
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.
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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.
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.