CONTRACTRECOMMENDED

District Considers $3M CD With Local Bank

Trico CUSD 176 logoTrico CUSD 176
Disclosed value
$3,000,000
From agenda
Document date
Jan 17, 2023

The 30-second brief

What it covers

Trico CUSD #176 will consider approving the investment of $3,000,000 in working cash reserves into a six-month certificate of deposit with First State Bank of Campbell Hill at a 3.65% interest rate, compounded monthly. The action would engage the bank for short-term investment services.

Who holds it

First State Bank of Campbell Hill holds this financial services contract with Trico CUSD 176.

What happens next

Term as filed: Six-month certificate of deposit at 3.65% interest (monthly compounded).

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Contract details

Contract type
Financial Services
Amount
$3,000,000
Document date
January 17, 2023
Term
Six-month certificate of deposit at 3.65% interest (monthly compounded)
Source document
trico_community_unit_district_176_board_meeting_ag.pdf (Agenda)

First State Bank of Campbell Hill's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Trico CUSD 176?

First State Bank of Campbell Hill was awarded this financial services contract by Trico CUSD 176, as recorded on January 17, 2023. The contract value is $3,000,000.

How much is the First State Bank of Campbell Hill contract with Trico CUSD 176 worth?

The First State Bank of Campbell Hill contract with Trico CUSD 176 is valued at $3,000,000, 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 trico_community_unit_district_176_board_meeting_ag.pdf (Agenda), dated January 17, 2023 from Trico CUSD 176. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First State Bank of Campbell Hill hold?

First State Bank of Campbell Hill 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 Trico CUSD 176 currently buying?

Explore Trico CUSD 176's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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