FINANCIAL_SERVICESRENEWED

City Renews CD with LaSalle State Bank

Peru renewed a $482,458.53 certificate of deposit with LaSalle State Bank for six months at a 3.95% rate, maintaining General Fund reserves. The action continues the banking relationship for short-term investment.

Status
RENEWED
Document date
July 14, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Lasalle State Bank
Agency
City of Peru city · IL

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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
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$482,458.53
Contract type
FINANCIAL_SERVICES
Contract term
6-month renewal at 3.95%
Renewal date
2025-12-30
Renewal
Six-month CD renewal at 3.95%; principal $482,458.53 will mature after six months for potential further renewal or reinvestment.
Document type
AgendaPacket
Source document
City of Peru AgendaPacket 2025-07-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Peru city?

Lasalle State Bank was awarded this financial services contract by City of Peru city, as recorded on July 14, 2025. The contract value is $482,458.53.

How much is the Lasalle State Bank contract with City of Peru city worth?

The Lasalle State Bank contract with City of Peru city is valued at $482,458.53, covering financial services work.

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 Peru AgendaPacket 2025-07-14 (AgendaPacket), dated July 14, 2025 from City of Peru city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lasalle State Bank hold?

Lasalle State 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 City of Peru city currently buying?

Explore City of Peru city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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