CONTRACTAPPROVED

Town of Stanton Awards Financial Services Contract to Charles Schwab Trust Bank (July 2025)

Town of Stanton logoTown of Stanton
Approved
Jul 8, 2025

The 30-second brief

What it covers

Stanton designated Charles Schwab Trust Bank as custodian for its new Pension Stabilization Trust assets under the Multiple Employer OPEB/Pension 115 Trust framework. The City will transfer and consolidate funds from the prior PARS Section 115 Trust to the Schwab platform.

Who holds it

Charles Schwab Trust Bank holds this financial services contract with Town of Stanton. Its other public contracts on record include work for City of Bellflower and Town of Palmer.

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Contract details

Contract type
Financial Services
Document date
July 8, 2025
Source document
City of Stanton Agenda Packet 2025-07-08 (AgendaPacket)

Charles Schwab Trust Bank's other public contracts

More Town of Stanton contracts

Questions about this contract

Who was awarded the financial services contract by Town of Stanton?

Charles Schwab Trust Bank was awarded this financial services contract by Town of Stanton, as recorded on July 8, 2025.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Stanton Agenda Packet 2025-07-08 (AgendaPacket), dated July 8, 2025 from Town of Stanton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Charles Schwab Trust Bank hold?

Charles Schwab Trust 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.

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What is Town of Stanton currently buying?

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