Fund Transfers $1.36M to State Street for IPOPIF
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Description
From June through August 2025, the Buffalo Grove Police Pension Fund transferred $1,357,800.00 to State Street Bank And Trust Company in support of its IPOPIF pooled investment accounts. These ACH transfers manage cash levels between the local fund and the consolidated trust.
Contract Details
Contract Amount
$1,357,800.00
Vendor
STATE STREET BANK AND TRUST COMPANY
Agency
Buffalo Grove village (pt.), IL
Contract Type
FINANCIAL_SERVICES
Document Date
October 23, 2025
Contract Term
June 1, 2025 – August 31, 2025
Renewal Info
Ongoing custodial and fund transfer relationship as part of IPOPIF structure; specific contract renewal terms are not described in the minutes.
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