CONTRACTONGOING

County Funds Invested in CDs with BMO Bank

Morgan County
Document date
Feb 2, 2026

The 30-second brief

What it covers

Morgan County continues to place a significant portion of its operating funds in jumbo certificates of deposit with BMO Bank, earning roughly 3.96% interest. The Treasurer noted these investments are a key component of the county’s 2025–2026 interest earnings strategy.

Who holds it

Bmo Bank holds this financial services contract with Morgan County. Its other public contracts on record include work for Bensenville village (pt.) and Huntley Village.

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Contract details

Contract type
Financial Services
Document date
February 2, 2026
Vendor
Bmo Bank
Source document
Morgan County Council Meeting Minutes February 2026 (Minutes)

Bmo Bank's other public contracts

More Morgan County contracts

Questions about this contract

Who was awarded the financial services contract by Morgan County?

Bmo Bank was awarded this financial services contract by Morgan County, as recorded on February 2, 2026.

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 Morgan County Council Meeting Minutes February 2026 (Minutes), dated February 2, 2026 from Morgan County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bmo Bank hold?

Bmo 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 Morgan County currently buying?

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

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