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District Concentrates Operating Cash With NEXBANK SSB

Cusd 300 logoCusd 300
Disclosed value
$59,340,447 savings deposit account balance (ICS) plus $16,110 in a separate SDA (PHLY,TX)
From financial report
Document date
Aug 31, 2025

The 30-second brief

What it covers

Community Unit School District 300 concentrates a large portion of its operating cash with NEXBANK, SSB through ICS and SDA accounts earning 2.880% as of September 30, 2022. These deposits support short‑term liquidity and investment needs.

Who holds it

Nexbank Ssb holds this financial services contract with Cusd 300. Its other public contracts on record include work for North Central Public Power District and Cusd 308.

What happens next

Term as filed: SDA/ICS accounts as of 9/30/2022, rate 2.880%, as needed.

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Contract details

Contract type
Financial Services
Amount
$59,340,447 savings deposit account balance (ICS) plus $16,110 in a separate SDA (PHLY,TX)
Document date
August 31, 2025
Term
SDA/ICS accounts as of 9/30/2022, rate 2.880%, as needed
Vendor
Nexbank Ssb
Agency
Cusd 300
Source document
community_unit_school_district_300_unaudited_finan.pdf (Financial Report)

Nexbank Ssb's other public contracts

North Central Public Power District, NebraskaNexBank awarded $247,000 CD contract · Sep 29, 2025$247KCusd 300, IllinoisNEXBANK SSB Interest-Bearing Deposit Account · Aug 31, 2025$813Cusd 300, IllinoisSmall NEXBANK SSB SDA Maintained · Aug 31, 2025Cusd 300, IllinoisNexBank SSB SDA Balance Noted · Aug 31, 2025$813Cusd 308, IllinoisCUSD 308 Maintains SDA Account with NEXBANK SSB · Apr 23, 2025$27KAll Nexbank Ssb contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Cusd 300?

Nexbank Ssb was awarded this financial services contract by Cusd 300, as recorded on August 31, 2025. The contract value is $59,340,447 savings deposit account balance (ICS) plus $16,110 in a separate SDA (PHLY,TX).

How much is the Nexbank Ssb contract with Cusd 300 worth?

The Nexbank Ssb contract with Cusd 300 is valued at $59,340,447 savings deposit account balance (ICS) plus $16,110 in a separate SDA (PHLY,TX), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a financial report record.

Where was this contract approved?

This contract appears in community_unit_school_district_300_unaudited_finan.pdf (Financial Report), dated August 31, 2025 from Cusd 300. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Nexbank Ssb hold?

Nexbank Ssb 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 Cusd 300 currently buying?

Explore Cusd 300's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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