Cathay Bank CD Approaches Maturity in District Portfolio
School Administrative District 65School · Matinicus Isle Plantation, ME- Disclosed value
- $247,000
- From report
- Document date
- Mar 15, 2021
- Term
- 3/18/2020 to 3/18/2021
The 30-second brief
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.
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.
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
- Vendor
- Cathay Bank
- 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.