FINANCIAL_SERVICESAPPROVED

Round Lake CUSD 116 Awards Financial Services Contract to State Bank of the Lakes (sbotl) (July 2025)

The Board of Education of Round Lake Area Schools CUSD #116 approved State Bank of the Lakes as an official depository and investment intermediary for all district funds for fiscal year 2025-2026. The bank will hold and process deposits and investments in accordance with Illinois law and board policy.

Status
APPROVED
Document date
July 7, 2025
Contract type
FINANCIAL_SERVICES
Vendor
State Bank of the Lakes (sbotl)
Agency
Round Lake CUSD 116 · 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 type
FINANCIAL_SERVICES
Contract term
Fiscal year 2025-2026
Renewal date
2026-06-30
Renewal
Designation effective for fiscal year 2025-2026 and subject to annual Board review and approval under Board Policy 4:30.
Document type
Resolution
Source document
Round Lake Area Schools Community Unit School District #116 Resolution Regarding the Designation of Depositories and Signatories for the Fiscal Year 2025-2026 2025-07-07

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Round Lake CUSD 116?

State Bank of the Lakes (sbotl) was awarded this financial services contract by Round Lake CUSD 116, as recorded on July 7, 2025.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Round Lake Area Schools Community Unit School District #116 Resolution Regarding the Designation of Depositories and Signatories for the Fiscal Year 2025-2026 2025-07-07 (Resolution), dated July 7, 2025 from Round Lake CUSD 116. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does State Bank of the Lakes (sbotl) hold?

State Bank of the Lakes (sbotl) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View State Bank of the Lakes (sbotl)'s profile

What is Round Lake CUSD 116 currently buying?

Explore Round Lake CUSD 116's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Round Lake CUSD 116's profile

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