Gurnee School District 56 Regular Meeting Agenda April 22, 2026
NorthEast Community Bank CD Investment
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Description
The district invested $240,800.00 in a CD with NorthEast Community Bank at 4.016%, maturing May 21, 2026.
Contract Details
Contract Amount
$240,800.00 (par value $249,861.15)
Vendor
NORTHEAST COMMUNITY BANK
Agency
Gurnee SD 56, IL
Contract Type
FINANCIAL_SERVICES
Document Date
April 22, 2026
Contract Term
Certificate of deposit, 06/13/2025 – 05/21/2026, rate 4.016%
Renewal Date
2026-05-21
Renewal Info
Single-term CD; renewal options will be considered at maturity.
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