District Invests $125K CD with T Bank
Richland School DistrictSchool · West Richland, WA- Disclosed value
- $125,000 at 5.62%
- From meeting minutes
- Document date
- Dec 4, 2023
The 30-second brief
The district, via PFM Asset Management, placed a 12‑month $125,000 certificate of deposit with T Bank at a 5.62% rate. This investment utilizes funds from a recently matured CD.
T Bank holds this financial services contract with Richland School District. Its other public contracts on record include work for Heartland Community College and Lancaster SD.
Term as filed: 12 months from November 28, 2023 maturity of prior CD.
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Contract details
- Contract type
- Financial Services
- Amount
- $125,000 at 5.62%
- Document date
- December 4, 2023
- Term
- 12 months from November 28, 2023 maturity of prior CD
- Vendor
- T Bank
- Agency
- Richland School District
- Source document
- richland-school-district-meeting-minutes-2023-12-04_1fb.pdf (Meeting Minutes)
T Bank's other public contracts
More Richland School District contracts
Questions about this contract
Who was awarded the financial services contract by Richland School District?
T Bank was awarded this financial services contract by Richland School District, as recorded on December 4, 2023. The contract value is $125,000 at 5.62%.
How much is the T Bank contract with Richland School District worth?
The T Bank contract with Richland School District is valued at $125,000 at 5.62%, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in richland-school-district-meeting-minutes-2023-12-04_1fb.pdf (Meeting Minutes), dated December 4, 2023 from Richland School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does T Bank hold?
T 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 Richland School District currently buying?
Explore Richland School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.