Carmi Township Meeting Minutes April 14, 2026
Township Moves Money Market Funds to First Bank
Trusted by teams at
Description
Carmi Township approved moving its Money Market funds from Banterra to First Bank after hearing a presentation on higher interest rates and pledged securities. The shift is expected to raise the township’s money market rate from 3.25% to 3.5%.
Contract Details
Vendor
FIRST BANK
Agency
Town of Carmi, IL
Contract Type
FINANCIAL_SERVICES
Document Date
April 14, 2026
Renewal Info
Board authorized a new depository relationship for Money Market funds with First Bank; specific contract term or renewal schedule was not provided.
More from FIRST BANK
Related Contracts
Town of Biltmore Forest Board of Adjustment Agenda Packet 2026-06-15
PENDINGWapanucka Public Schools Board of Education Meeting Agenda 2026-06-15
PENDINGMadison Board of Aldermen Agenda Packet 2026-06-11
APPROVEDMontgomery County IU 23 Agenda MCIU Board of Directors Meeting 2026-05-27
APPROVEDSpring Canyon Water and Sanitation District AgendaPacket Regular Meeting 2026-05-27
RATIFIEDMore from Town of Carmi
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.