CONTRACTAPPROVED

Riverhead Central School District Awards Financial Services Contract to Bnb Bank (July 2020)

Riverhead Central School District logoRiverhead Central School District
Disclosed value
Maximum deposit $30,000,000 per checking/savings account; $75,000,000 per money market account
From agenda
Approved
Jul 7, 2020
Term
July 1, 2020 – June 30, 2021

The 30-second brief

What it covers

Riverhead Central School District authorized BNB Bank as a depository for district funds for the July 1, 2020 through June 30, 2021 fiscal year, with specified maximum account balances and collateralization requirements.

Who holds it

Bnb Bank holds this financial services contract with Riverhead Central School District. Its other public contracts on record include work for Town of Middle River and Town of Brookhaven Dept. of Hsg & Comm Dev.

What happens next

Term as filed: July 1, 2020 – June 30, 2021.

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Contract details

Contract type
Financial Services
Amount
Maximum deposit $30,000,000 per checking/savings account; $75,000,000 per money market account
Document date
July 7, 2020
Term
July 1, 2020 – June 30, 2021
Vendor
Bnb Bank
Source document
riverhead_school_district_reorganizational_and_reg.pdf (Agenda)

Bnb Bank's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Riverhead Central School District?

Bnb Bank was awarded this financial services contract by Riverhead Central School District, as recorded on July 7, 2020. The contract value is Maximum deposit $30,000,000 per checking/savings account; $75,000,000 per money market account.

How much is the Bnb Bank contract with Riverhead Central School District worth?

The Bnb Bank contract with Riverhead Central School District is valued at Maximum deposit $30,000,000 per checking/savings account; $75,000,000 per money market account, 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 riverhead_school_district_reorganizational_and_reg.pdf (Agenda), dated July 7, 2020 from Riverhead Central School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bnb Bank hold?

Bnb 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 Riverhead Central School District currently buying?

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

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