FINANCIAL_SERVICESREJECTED

Tremont Loan Offer Declined In Favor Of Heartland

Tremont First National Bank proposed a two-year promissory note at 5.75% interest to Lincoln Park District. The board ultimately chose to move forward with a competing offer from Heartland Bank & Trust.

Status
REJECTED
Document date
June 11, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Tremont First National Bank
Agency
Lincoln Park District · IL

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Offered 5.75% interest with 2-year repayment
Document type
Minutes
Source document
Lincoln Park District Board Meeting Minutes June 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Lincoln Park District?

Tremont First National Bank was awarded this financial services contract by Lincoln Park District, as recorded on June 11, 2025.

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 Lincoln Park District Board Meeting Minutes June 2025 (Minutes), dated June 11, 2025 from Lincoln Park District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tremont First National Bank hold?

Tremont First National 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.

View Tremont First National Bank's profile

What is Lincoln Park District currently buying?

Explore Lincoln Park District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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