CONTRACTONGOING

Cathay Bank CD Approaches Maturity in District Portfolio

School Administrative District 65
Disclosed value
$247,000
From report
Document date
Mar 15, 2021
Term
3/18/2020 to 3/18/2021

The 30-second brief

What it covers

District 65 invested $247,000 in a Cathay Bank certificate of deposit with an effective yield around 0.85–0.95%, maturing March 18, 2021. The CD supports capital preservation and modest interest income.

Who holds it

Cathay Bank holds this financial services contract with School Administrative District 65. Its other public contracts on record include work for Palisades Charter High District and San Bernardino County.

What happens next

Term as filed: 3/18/2020 to 3/18/2021.

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Contract details

Contract type
Financial Services
Amount
$247,000
Document date
March 15, 2021
Term
3/18/2020 to 3/18/2021
Source document
school-administrative-district-65report-2021-03-15_310.pdf (Report)

Cathay Bank's other public contracts

More School Administrative District 65 contracts

Questions about this contract

Who was awarded the financial services contract by School Administrative District 65?

Cathay Bank was awarded this financial services contract by School Administrative District 65, as recorded on March 15, 2021. The contract value is $247,000.

How much is the Cathay Bank contract with School Administrative District 65 worth?

The Cathay Bank contract with School Administrative District 65 is valued at $247,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in school-administrative-district-65report-2021-03-15_310.pdf (Report), dated March 15, 2021 from School Administrative District 65. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cathay Bank hold?

Cathay 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 School Administrative District 65 currently buying?

Explore School Administrative District 65's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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