FINANCIAL_SERVICESRENEWED

Hanmi Bank Credit Line Renewed for 2026-2027

The board approved renewing a revolving line of credit with Hanmi Bank for the 2026-2027 school year. The $2.5 million credit line carries a current 7.25% interest rate and will be used as needed for cash flow.

Document date · June 2, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
$2.5M
Contract type
FINANCIAL_SERVICES
Contract term
2026-2027 school year
Renewal date
2027-06-30
Renewal
Current agreement may be renewed for the 2026-2027 school year. Interest rate is the higher of fixed 3.75% or prime rate plus 0.5%; current applicable rate cited as 7.25%.
Document type
Minutes
Source document
Vista Real Charter High School Minutes Regular Board Meeting 2026-06-02

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Vista Real Charter High?

Hanmi Bank was awarded this financial services contract by Vista Real Charter High, as recorded on June 2, 2026. The contract value is $2.5M.

How much is the Hanmi Bank contract with Vista Real Charter High worth?

The Hanmi Bank contract with Vista Real Charter High is valued at $2.5M, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Vista Real Charter High School Minutes Regular Board Meeting 2026-06-02 (Minutes), dated June 2, 2026 from Vista Real Charter High. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hanmi Bank hold?

Hanmi 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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